Russian energy squeeze raises risks for European banks; Credit Suisse restructures

Bernhard Held and Petter Bryman discuss the implications for certain European banking systems of a reduction in Russian energy supply, and Alessandro Roccati discusses recent credit developments at Credit Suisse following large losses.Guests: Bernhard Held, Vice President – Senior Credit Officer, Moody’s Investors Service, Petter Bryman, Vice President – Senior Analyst, Moody’s Investors Service, and Alessandro Roccati, Senior Vice President, Moody’s Investors ServiceHosts: Danielle Reed, Vice President – Senior Research Writer, Moody’s Investors Service and Myles Neligan, Vice President – Senior Research Writer, Moody’s Investors ServiceRelated content on Moodys.com (some content only available to registered users or subscribers): Sovereign – Europe: Looming gas crisis intensifies credit pressures for Europe’s most exposed sovereignsBanking – Europe: Gas supply rationing would lift problem loans from benign levelsCredit Suisse Group AG: Update following rating actionCredit Suisse Group AG 2024 plan: reduced risk appetite and greater shift to wealth management will lower risks and earnings volatilityCredit Suisse Group AG Q4 2021: Weak revenue, goodwill impairment and litigation charges led to large lossCredit Suisse Group AG: Q2 2022: Weak revenues and litigation charges lead to large loss