Eisman Says He's Short BBVA, UniCredit on Turkey Exposure

The video discusses the performance of high yield debt compared to investment grade, noting that riskier debt is currently outperforming. Despite this, the speaker does not see significant risks in the credit market, citing strong credit quality and no signs of deterioration. The discussion also touches on potential risks and opportunities, particularly in Turkey, and mentions European banks with exposure to the region.

What specific risks does the speaker identify in relation to Turkey?

Which two banks in Europe does the speaker mention as having large exposures to Turkey?