
Please try another search
In this episode, we focus on the Swiss firm Credit Suisse after their shares fell over 30% on Wednesday this week.
In fact, the headline of the Daily Telegraph, a major news publication in the UK read, "Swiss bank crash stokes fears of a new global crisis as UK officials scramble to help prop up the bank as the meltdown overshadowed the budget"
Sensational? Or is this really the start of something biggger?
We discuss what triggered the crash, why the shares are now up sharply, how this different to the recent demise of Silicon Valley Bank (SVB), the potential for contagion in the eurozone and it's impact on the ECB, and what to look out for next for both Credit Suisse and the broader global economy.
PODCAST: What Just Happened To Credit Suisse And Should You Be Worried?
As the Fed tightens monetary policy, a banking crisis is historically the first evidence that something was breaking. As noted recently in “Not QE,” “Last week,...
MON: Japanese Tankan Survey (Q1), Caixin Manufacturing PMI Final (Mar), EZ/UK/US Final Manufacturing PMI (Mar), US ISM Manufacturing PMI (Mar). TUE: RBA Announcement, South Korean...
After the US regional banking crisis and the forced takeover of Credit Suisse (SIX:CSGN) sent shockwaves through global markets, concerns over the risk of contagion rippled across...
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.