Banking Wildfires Spread. HSBC shares tumble. 2023 Financial Crisis Begins
Episode 22 min 56s

Banking Wildfires Spread. HSBC shares tumble. 2023 Financial Crisis Begins

Watch the video of this livestream here: https://youtube.com/live/djr2feyR3Y4 Credit Suisse hybrid private takeover/gov bailout (not nationalised or wound down). https://www.bloomberg.com/news/live-blog/2023-03-15/credit-suisse-in-crisis?srnd=premium-uk HSBC Shares down 6% - https://www.bloomberg.com/news/articles/2023-03-20/hsbc-shares-tumble-in-hong-kong-on-risky-bond-exposure-concerns $17bn AT1 bond wipeout https://www.reuters.com/business/finance/credit-suisse-writes-down-17-bln-bonds-...

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