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Gold bounces back as Credit Suisse compounds banking woesGold reversed course and rose on Wednesday, as a tumble in Credit Suisse shares rekindled fears about the banking sector and hammered appetite for riskier assets. 😈esperemos a que más ciudadanos quieran comprar …metales para no devaluar el fiduciario colombiano 💵💸💵💸💵💸💵💸💵💸💵💸💵💸💸💸💵💸💵💸💸💸💸💸💵💸💵💸💵💸💵💸💵💵💵💸💸 With Trump your dollar was gold
Source: Reuters - 🏆 2. / 97 Read more »
Credit Suisse Stock Price Drops 17% to New Low as Jitters MountCredit Suisse shares (CSGN) fell as much as 17% early Wednesday and hit a fresh all-time low, reflecting increasing concerns about the bank's struggles to stabilize its operations. Prices on Credit Suisse bail-in bonds, which get wiped out in c Neutralidad. Ok. Koerner is the worst BNP + SocGen also cratering - CS derivative exposure? It will be a fun day at the Swiss National Bank (SNB)
Source: WSJ - 🏆 98. / 63 Read more »
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 finds 'material weaknesses' in financial reporting, says outflows 'not yet reversed'Credit Suisse said its net asset outflows had 'not yet reversed,' and that 'material weaknesses' were identified in its financial reporting processes. So I don't understand what happened? I've been pointing out the issues at Credit Suisse for years. Can someone explain the 1yr downtrending of $cs? I don't get it
Source: CNBC - 🏆 12. / 72 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 »
Credit Suisse executive board will not receive a bonus for 2022Credit Suisse group's executive board took home 32.2 million Swiss francs ($35.27 million) in fixed compensation while collectively forgoing a bonus for the first time in more than 15 years, the Swiss bank said in its annual report published on Tuesday. They already cashed out. You'll here about it in a couple of days RNA story, covid, BIO. But wait SVB did
Source: Reuters - 🏆 2. / 97 Read more »