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PODCAST: What Just Happened To Credit Suisse And Should You Be Worried?

By AmplifyME (Anthony Cheung)Market OverviewMar 16, 2023 12:56
uk.investing.com/analysis/podcastwhat-just-happened-to-credit-suisse-and-should-you-be-worried-200565690
PODCAST: What Just Happened To Credit Suisse And Should You Be Worried?
By AmplifyME (Anthony Cheung)   |  Mar 16, 2023 12:56
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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?

PODCAST: What Just Happened To Credit Suisse And Should You Be Worried?
 

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PODCAST: What Just Happened To Credit Suisse And Should You Be Worried?

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Comments (1)
Jerry Smith
Jerry Smith Mar 16, 2023 13:18
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1929y is coming
 
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