Algebris CEO on Banks' Exposure in Russia

The video discusses the impact of the Ukraine invasion on European bank stocks, which have dropped by 25%. It explores the types of exposure banks have, including direct and cross-border, and the potential economic repercussions, such as a recession. The video also examines investment opportunities and risks, highlighting that the market has priced in worst-case scenarios. Finally, it addresses the legal and moral considerations of investing in Russian assets, emphasizing the importance of adhering to regulations.

How do smaller European banks compare to larger banks in terms of vulnerability to the current crisis?

What are the reputational risks associated with investing in Russian-linked assets?

What legal considerations must banks take into account when dealing with Russian assets?