L&G Talks Asset Management cover image

260: A balanced view of banking developments – Market Talk

L&G Talks Asset Management

00:00

The UCB's Hands Are Tied

I'm hoping for a quite weak and expect you are too, but I'm not sure we're going to get one in terms of these banks and what's going on. So the only really interesting bit of data that we got next week is European flash inflation - which is super important. But apart from that, we just have to see how this wobble in the financial system goes through. And generally, when you've got an issue like this, you need to see someone with unlimited money,. That's basically governments or central banks, step up and provide unconditional support. It's usually not good enough to go in and force losses onto bondholders, equity holders, even depositors. If

Play episode from 12:31
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app