Credit Suisse: Zombie Bank or Bargain?

#banking #market #trading #investing

Today we will look at the continuing troubles at the Swiss bank Credit Suisse. Credit Suisse is one of the so-called "too big to fail banks" so it is important to keep an eye on it.

It could be the first domino to fall but with Central Bankers and politicians always wanting to avert major crises it means Credit Suisse is a potential bargain as its market value is heavily undervalued compared to total shareholders' equity.

FT article -Former top Credit Suisse shareholder Harris Associates sells out of bank: https://archive.ph/s3zw8#selection-1447.0-1447.72

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In North America:

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