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CoinDesk Podcast Network

BREAKDOWN: Are Deutsche Bank and Charles Schwab Actually in Trouble or is it Just Market Fears?

CoinDesk Podcast Network

CoinDesk

Cryptocurrencies, Cryptocurrency, Dlt, Tokenization, Coindesk, Distributed Ledger, Blockchain, Tech News, Business News, Ethereum, Bitcoin, News, Digitalassets, Daily News, Decentralization, Defi, Crypto, Business

4.8689 Ratings

🗓️ 27 March 2023

⏱️ 17 minutes

🧾️ Download transcript

Summary

The stock prices of both banks declined over the weekend and at the end of the week as a result of negative press.

Ever since the failure of Silicon Valley Bank, markets have been waiting with bated breath for another shoe to drop. Coming into the weekend, it looked like Deutsche Bank and Charles Schwab were the most wobbly. NLW explores whether there is actually a reason to be concerned or whether fintwit (and short sellers) are just looking for another mark. 

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“The Breakdown” is written, produced and narrated by Nathaniel Whittemore aka NLW, with editing by Michele Musso and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Foothill Blvd” by Sam Barsh. Image credit: Wong Yu Liang/Getty Images, modified by CoinDesk. 

Join the discussion at discord.gg/VrKRrfKCz8.


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Transcript

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Thank you. dot coin.com and join CoinDesk at Consensus 2023.

1:38.0

Welcome back to The Breakdown with me, NLW.

1:43.9

It's a daily podcast on macro, Bitcoin, and the big Power Shifts remaking our world. The breakdown is produced

1:46.0

and distributed by CoinDesk. What's going on, guys? It is Monday, March 27th, and today we are

1:53.4

catching up on the latest dominoes in the banking crisis. Before we get into that, however,

...

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