triggered by tariff-related shocks

triggered by tariff-related shocks

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The bank also forecasted that global loan demand would remain weak throughout the year. This conservative stance is driven by growing uncertainty, market volatility, and a deteriorating economic outlook influenced by rising tariffs and escalating geopolitical tensions. HSBC Group CEO Georges Elhedery stated that the bank has conducted multiple rounds of stress testing on its income streams and credit portfolio to assess the potential impact of a deeper economic downturn triggered by tariff-related shocks. It is worth noting that the concentration of the U.S. banking sector has increased significantly over the past decade. While this consolidation has improved efficiency, it may also amplify financial risks. If even a single giant bank were to encounter serious trouble, it could trigger a shockwave across the entire global financial system. สล็อต