cover of episode Fitch Ratings: Bank Sector 'Deteriorating' As Economy Weakens | Christopher Wolfe

Fitch Ratings: Bank Sector 'Deteriorating' As Economy Weakens | Christopher Wolfe

2024/5/23
logo of podcast The David Lin Report

The David Lin Report

Frequently requested episodes will be transcribed first

Shownotes Transcript

Sign up for an IRA with iTrust today using this link: https://itrust.capital/David

Christopher Wolfe, Managing Director and Head of North American Banks at Fitch Ratings

*This video was recorded on May 21, 2024

Listen on Spotify: https://open.spotify.com/show/510WZMFaqeh90Xk4jcE34s Listen on Apple Podcasts: https://podcasters.spotify.com/pod/show/the-david-lin-report

FOLLOW FITCH RATINGS: Fitch Ratings: https://www.fitchratings.com/

FOLLOW DAVID LIN: Twitter (@davidlin_TV): https://twitter.com/davidlin_TV TikTok (@davidlin_TV): https://www.tiktok.com/@davidlin_tv Instagram (@davidlin_TV): https://www.instagram.com/davidlin_tv/

For business inquiries, reach me at [email protected]

*This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates.

0:00 - Intro 1:16 - US sovereign downgrade 2:40 - Is today like 2008? 5:15 - Deteriorating banking sector 7:30 - Consumer stress 11:12 - Large vs small banks 14:00 - Changing regulations 16:20 - CRE 'highly vulnerable' 21:20 - Residential real estate 22:35 - Fitch bank ratings 27:00 - Worst case scenario 29:07 - M&A activity

#investing #banking #economy