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Credit Suisse fears rock Asian stocks; gold and dollar soarCredit crunch concerns leave markets on edge ahead of a European Central Bank meeting
Source: BDliveSA - 🏆 12. / 63 Read more »
Business Maverick: Credit Suisse Crisis Crushes a Favourite Investor Trade of 2023Investors betting on a further outperformance in European bank stocks in 2023 have been caught wrong footed by the meltdown in shares of Credit Suisse Group AG and fears of a recession.
Source: dailymaverick - 🏆 3. / 84 Read more »
Credit Suisse to borrow nearly R1 trillion from Swiss central bank | BusinessCredit Suisse announced Thursday that it would borrow almost $54 billion (R996 billion) from the Swiss central bank to reinforce the group after a plunge in its share prices. | News24_Business _Business So i take it you are not going to talk about how they got here. _Business hehe, the USA killed Credit Suisse a few years ago. If you cant hide your money in a swiss account anymore, what use is it? Now its just an expensive bank account.
Source: News24 - 🏆 4. / 80 Read more »