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![kshaughnessy2 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::22259843.png) kristen shaughnessy [@kshaughnessy2](/creator/twitter/kshaughnessy2) on x 24.3K followers
Created: 2025-04-08 00:01:43 UTC

Wall Street Is Rattled 

"...Every major US bank is down at least XX% this month amid concern about recession and what it might mean for loan losses and trading revenue. 

In Europe, the main issue is the potential need to set aside extra funds to cover bad loans. 

Among the most-exposed lenders on the continent are HSBC Holdings Plc, Standard Chartered Plc and BNP Paribas SA, according to Bloomberg Intelligence analyst Philip Richards....

Even before this week, UBS Group AG had begun asking senior investment bankers to draw up lists of employees who could be included in potential cutbacks, according to people with knowledge of the matter..."

![](https://pbs.twimg.com/media/Gn-JuauWwAAiUAa.jpg)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1909396201654337966/c:line.svg)

**Related Topics**
[bnp paribas](/topic/bnp-paribas)
[$stanl](/topic/$stanl)
[hsbc holdings](/topic/hsbc-holdings)
[losses](/topic/losses)
[wall street](/topic/wall-street)
[$hsbc](/topic/$hsbc)
[stocks financial services](/topic/stocks-financial-services)
[stocks banks](/topic/stocks-banks)

[Post Link](https://x.com/kshaughnessy2/status/1909396201654337966)