Credit Suisse unease sparks fresh selloff in world stocks By Reuters

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⚠️BREAKING: *EUROPEAN STOCKS PLUNGE AS CREDIT SUISSE UNEASE SPARKS FRESH SELLOFF IN BANKS 🇪🇺🇩🇪🇫🇷🇮🇹🇪🇸🇬🇧

 

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3-4% is not a crash

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Was it caused by a bank failure?

7K…📈📉🧐

That’s it. Wait didn’t Saudi Fund try to bail them out ?

✍️

Have been shouting for last 48 hours. Now everyone got it!!

Woohoo I’m happy that I use creditscom app

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Credit Suisse unease sparks fresh selloff in world stocksRenewed unease gripped world markets on Wednesday as news that Credit Suisse's largest investor said it could not provide the Swiss bank with more financial assistance sent its shares and broader European shares sliding once more.
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Credit Suisse downgrades Logitech, says there's little hope for growth aheadThere's little hope for growth for Logitech this year, according to Credit Suisse. Credit Swiss downgrades another company!!!! I wonder what hope ahead is for Credit Suisse? Everyone else down grades $CS
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Credit Suisse Finds ‘Material Weaknesses’ In Its Financial Reporting ProcessThe bank said its financial reports for 2021 and 2022 were not affected by the problem. They are a joke ... and they are the ones rating everyone. They should be at 0 too. Really Interesting. No — not really. This are the same people famous for being detailed oriented. This is a smoke screen for their continued mismanagement. Nothing more. wolsned Bond market is crumbling according to Robert Kiyosaki and then the Dollar will be just paper👍 invest your money into precious metals before it’s too late
Source: Forbes - 🏆 394. / 53 Read more »

Another Credit Suisse Crisis: Bank Finds 'Material Weaknesses' In Its Financial ReportingCredit Suisse disclosed it found “material weaknesses” in its financial reporting processes for 2021 and 2022 that could have resulted in “misstatements” of financial results. StringwallApp That credit is sus. Could have or did? 🤔
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Credit Suisse says outflows have stabilized but not reversedCredit Suisse said customer 'outflows stabilized to much lower levels but had not yet reversed as of the date of this report' in its 2022 annual report published on Tuesday. This means it hasn’t This bank is done. Market should insta exit this AM. Not just the banking sector.
Source: Reuters - 🏆 2. / 97 Read more »

Credit Suisse publishes delayed annual report in which it admits to financial control weaknessesCredit Suisse on Tuesday published its delayed annual report -- which describes material weaknesses in its financial controls -- as it also announced it... They are 100x worse than Signature Bank..Watch the bank run today
Source: MarketWatch - 🏆 3. / 97 Read more »