Loans could become harder to get as financial sector reels
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Amid the continued fallout from the failure of two mid-sized U.S. banks and the acquisition of Credit Suisse, financial institutions are likely to start applying greater scrutiny to the loans they give out. We look at what could move banks' calculus in that direction...and who would be most affected. Another consequence of the recent turmoil in the financial sector has been lower oil prices, which have seen one of their biggest slumps in recent years. And, a fact-check of claims — often made by prominent Republicans — that so-called "woke investing" caused the collapse of Silicon Valley Bank with Washington Post reporter Julian Mark.
Segments From this episode
Banks may become more selective about who gets loans
The collapse of SBV could lead to increased scrutiny around potential risks for banks.
Oil prices are plummeting as the banking crisis unfolds
Trouble in the banking sector is scrambling expectations of how much oil the global economy needs right now.
Some Republicans are blaming SVB’s collapse on ESG initiatives
We explore what’s really going on here with Washington Post reporter Julian Mark.
David Brancaccio Host
Leanna Byrne Host, BBC
Kelly Silvera Executive Producer
Meredith Garretson Senior Producer
Erika Soderstrom Producer
Alex Schroeder Producer
Ariana Rosas Producer/Director
Jarrett Dang Digital Producer
Jesson Duller Media Producer
Nick Esposito Media Producer
James Graham Producer, BBC
Jo Critcher Producer, BBC
Olie D'Albertanson Producer, BBC