Systemic Risks in Current Banking Sector
Jeremy Szafron, Anchor at Kitco News, interviews Thomas Fitzpatrick, Managing Director of Global Markets Insights at RJ O’Brien and Associates, where they talk about the current turbulence within the banking sector, underscored by the downturn of New York Community Bank Corp (NYCB). With a career spanning nearly four decades at Citibank, Fitzpatrick brings insight into the parallels between today’s challenges and past financial crises, the implications of rising interest rates, and the strategic considerations for navigating through these tumultuous times. Fitzpatrick’s analyzes the systemic risks, the impact of Federal Reserve policies, and the potential roadmap for banks and investors in this comprehensive interview.
Credit to : Kitco NEWS