Is First Republic Bank Next to Go?

Taken over by their competitor UBS at the behest of the Swiss government, Credit Suisse is still sending ripples throughout the market over concerns about their AT1 bank bonds being wiped out. And while First Republic’s stock plunged more than 30% in intraday trading, shares of some regional banks like New York Community Bancorp are rallying broadly. Real Vision’s Ash Bennington and Jared Dillian, editor of The Daily Dirtnap, will explore the extent of the banking crisis and why gold is benefitting from the chaos. This episode is sponsored by KraneShares’s KRBN ETF, the first, largest and most liquid carbon ETF. Please read prospectus before investing at kraneshares.com/krbn/. Investing involves risk. Principal loss is possible. KRBN is distributed by SEI Investment Distribution Company (SIDCO).