The word unprecedented became commonplace in banking circles in 2023. The Federal Reserve’s rate hike campaign pushed bank balance sheets deeply underwater, spurred deposit outflows and exposed asset/liability mismatches at some institutions that culminated in record-breaking bank runs that led to the second, third and fourth largest bank failures in US history. Those closures and the liquidity crunch, regulatory response, market selloff and eventual recovery that followed changed the competitive landscape and the way bank observers view the industry. This episode features commentary from experts at BTIG, Davis Polk, Janney Montgomery Scott, KBW, Luse Gorman, Piper Sandler and others on the lessons learned from the liquidity crunch, the fallout afterward and the potential opportunities that lie ahead.
Ep. 126 - Hunting the bears, making the bull case for CRE
Ep. 125 - Tales from Top Perfomers: Five Star Bancorp CEO
Ep. 124 - KBW CEO challenges investors painting banks with broad brush
Ep. 123 - Bank regulators are tipping the scales, could push even harder
Ep. 122 - Banks’ Q4 results bring shades of ‘95 not ‘08, show credit digesting higher rates
Ep. 120 - Investor sees legs in US bank stock rally amid reasonably priced M&A
Ep. 119 - Unlocking keys to balance sheet restructurings, bank M&A
Ep. 118 - PE looking to fill community banks' capital need created by higher for longer rates
Ep. 117 - Banks face slow-cession, credit slippage as PE waits in the wings
Ep. 116 - Early remediation, not Basel III endgame, the answer to avoid repeat of spring 2023 bank failures
Ep. 115 - Unpacking the largest bank deal in ’23, private equity involvement in bankland
Ep. 114 - Regional banks feel funding pressures, but second-quarter earnings target biggest bears
Ep. 113 - Bank investors can find diamonds in the rough amid funding pressures
Ep. 112 - Banks face Bob Ross effect, tougher exams but ‘huge’ M&A on horizon
Ep. 111 - Bearish bank investor turns bullish
Ep. 110 - Bears use banks as ‘weapons of destruction' to force change in Fed policy
Ep. 109 - Liquidity crunch leaves some trophy franchises on sale - KBW CEO
Ep. 108 - Weighing Fed rate hikes against banks' liquidity crunch
Ep. 107 - Lessons learned from a modern day bank run
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
U.S Property Podcast
Aligned Money Show
Gorse Culture PODcast : The H.R. Detective Agency!
The Ramsey Show
Planet Money