[Slava]

Originally Posted by Yoho

How about bank bail-in as opposed to bail out like Greece had?

Could the continued stress on banks lead to this?

https://www.cdic.ca/what-happens-in-...bail-in-works/

It’s possible, but the issue is smaller US regionals. The Canadian banks are fine. It’s interesting, because Canada implemented those bail-in bonds after the GFC. I’m not entirely sure whether all bonds issued by banks can be converted or just those bail-in bonds.