The Finrestra podcast - S02 / E04

Are European banks in trouble?

European bank stocks dropped a lot on 15 March 2023, in the aftermath of the failure of Silicon Valley Bank (SVB). Credit Suisse is down 25%, other European banks are down more than 10%.

Should you be worried? I explain why European banks don't have the same issues as SVB (more stable deposits, less bonds).

However, the liquidity position of European banks has gone down a lot since September 2022. That's because banks have repaid TLTRO loans to the ECB.

Further reading/watching:

https://www.positivemoney.eu/2022/12/banks-windfall-profits/

https://youtu.be/1FIOazUxt80

https://twitter.com/JanMusschoot/status/1635948354436726786

Over The Finrestra podcast

Jan talks about finance, with a focus on Europe.

Expect analyses of banks, sustainability, the ECB, and interviews with interesting people who shape the industry.

The first episode of the month starts with a short recap of the news.

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