Guggenheim's Schwartz on First Republic, Lending, Fed

The transcript discusses the FDIC's role in the government-orchestrated bailout of First Republic, highlighting the orderly takeover by JPMorgan. It examines recent regional banking failures, emphasizing their idiosyncratic nature and the risks associated with duration risk. The discussion compares current banking issues with the 2008/09 financial crisis, noting differences in credit and duration risks. The impact of duration risk on lending and credit availability is explored, along with concerns about the Fed's monetary policy and its effects on the economy.

What impact did the regulations imposed after the Global Financial Crisis have on big banks?

What are the potential risks associated with creditors relying on floating rate debt?

What does the speaker suggest is crucial for the Fed to consider regarding interest rates?