Multi-Asset
Global Macro

Fifty Shades of Bailout

Published on
April 3, 2023
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This article is not about recounting the steps that led to the latest banking crisis. It doesn't talk about SVB, Silicon Value Bank (SVB), Signature Bank, Credit Suisse or the latest question marks surrounding Deutsche Bank.

There are hundreds of articles on all these topics inside RFPnetworks across the asset class feeds. What is more interesting is to recount the ways in which people reacted on the initial news that a Bank in the U.S. had lost the trust of its clients. And where this whole journey has led the thought process to today.

1. Why did SVB fail?
2. What did they do wrong?
3. Why did the CEO sell stock before the failure?
4. What will happen to depositors?
5. Will the fintech industry crash?
6. Is this connected to Signature Bank?
7. What was Barney Frank's (as is Dodd-Frank) role at Signature Bank?
8. How big are Signature Bank and SVB?
9. Are other regional banks affected?
10. Are there contagion risks?
11. Is bitcoin to blame?
12. How will this impact banking sector stocks?
13. How will this impact banking sector bonds?
14. Which investment managers held stocks in these banks?
15. Which investment managers held the bonds of these banks?
16. How will the FED react?
17. Will we get a new global financial crisis?
18. Are venture capital firms to blame?
19. Will credit lines at banks now get tighter?
20. How is this related to Credit Suisse?
21. What happened at Credit Suisse?
22. Why did UBS buy Credit Suisse?
23. Did UBS get Credit Suisse cheap?
24. What are AT1 Bonds?
25. What happened to Credit Suisse's AT1 Bonds?
26. How did other AT1 Bonds trade?
27. Are AT1 Bonds still a viable investment instrument?
28. Will other banks do something similar with their AT1 Bonds?
29. Was BlackRock interested in buying Credit Suisse?
30. Was Deutsche Bank interested in buying Credit Suisse?
31. Why is Deutsche Bank now in the press?
32. Why is Charles Schwab in the press?
33. Would the German Government save Deutsche Bank?
34. Is any bank too big to fail?
35. Did investors overreact?
36. Why did the FED raise rates despite the Bank Failures?
37. Is the FED more focused on main street or wall street?
38. Have recession risks risen again?
39. What part of SVB did HSBC take over in the UK?
40. Is the Bank of England now concerned about a crisis at UK Banks?
41. Is the ECB now concerned about a crisis at European Banks?
42. Are any other U.S. Banks at risk of failure?
43. Are any other European Banks at risk of failure?
44. Will the ECB continue to raise rates?
45. Will these Banking issues spillover into Asia?
46. Is Asia affected by the current Banking crisis?
47. Did active asset managers outperform or underperform?
48. Are Private Equity portfolios affected?
49. Are Private Debt portfolios affected?
50. Is this the last banking crisis ever?

If you don't have the answers to all of these questions, and need them, you will find them all inside RFPnetworks.

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