Who Will Save The World From Credit Suisse?

1 year ago
24

Credit Suisse is facing serious financial troubles and there are rumors that they are on the brink of failure. Additionally, there are rumors that Deutsche Bank is in a similar position. If these banks fail, there will be a domino effect. So who will save the world from a Credit Suisse collapse? In this video, we'll cover the trouble they are facing and when Central Banks would likely intervene.

Asset To Equity Ratio Chart - https://www.goldmoney.com/research/living-with-contracting-bank-credit

CS CEO Statement - https://economictimes.indiatimes.com/markets/stocks/news/credit-suisse-is-at-critical-moment-as-bank-prepares-for-latest-overhaul-ceo-says/articleshow/94595992.cms?from=mdr

CS Finanial Troubles Sources:
-https://www.cnbc.com/2021/04/06/credit-suisse-cuts-dividend-on-hit-from-hedge-fund-scandal-investment-bank-head-and-chief-risk-officer-step-down.html
-https://www.cnbctv18.com/business/companies/credit-suisse-may-lay-off-nearly-5000-employees-the-world-over-14638291.htm
-https://www.reuters.com/business/finance/credit-suisse-buy-back-3-bln-debt-securities-2022-10-07/
-https://www.reuters.com/markets/europe/credit-suisse-looks-sell-zurichs-savoy-hotel-2022-10-06/

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