Credit Suisse’s cash line is just a stopgap

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Credit Suisse’s cash line is just a stopgap LiamWardProud

 

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LiamWardProud It ain't over until it's over. And it ain't over yet 🤑

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Credit Suisse Borrows $54 Billion To Shore Up Liquidity After Shares Touch Record LowThe borrowing comes a day after the Swiss central bank said it was ready to provide Credit Suisse with liquidity “if necessary,” amid concerns about the investment bank’s financial health. The manuscript describes the planets ,,,,, Tecurius ,,, Zirius ,,,, Sokon ,,,, Paneburius ,,,, Gedecurius ,,,, Udinir ,,,,, Selikir 'A' ,,,,, Sabur, ,,,, Mercury ,,,, Mars ,,,,, Venus ,,,, Saturn ,,,, Vinidir ,,,,, Securius ,,,,, Teburius ,,,, Urius ,,,,, Dakurius, ,,, i wonder how someone “borrows” more than 50 billions!!!! It happens my friend
Source: Forbes - 🏆 394. / 53 Read more »

Credit Suisse to borrow about $54 billion from Swiss central bankCredit Suisse announced late Wednesday it was taking “decisive action” and borrowing up to 50 billion Swiss francs — about $54 billion — to ease investors’ fears. Hmm, I don't know if this would ease my fears or make them worse. Should've just told them to calm down Guess who gets to pay it all back
Source: MarketWatch - 🏆 3. / 97 Read more »

Credit Suisse secures $54 billion lifeline as authorities rush to prevent global bank crisisCredit Suisse on Thursday said it would borrow up to $54 billion from the Swiss central bank to shore up liquidity and investor confidence after a slump in its shares intensified fears about a glob… Just maybe modern globalist policies aren’t good Did America pay it? jinxidoru this is what I mean. It’s the banks. They gamble with money and it was perfectly fine under the Dodd-Frank act. Now everyone is paying close attention.
Source: nypost - 🏆 91. / 67 Read more »

Credit Suisse to borrow $54 billion from Swiss central bankGENEVA (AP) — Swiss bank Credit Suisse said Thursday it will move to shore up its finances, borrowing up to $54 billion from the central bank after its shares plunged, dragging down other major European lenders in the wake of bank failures in the United States. Pedo Peter is doing a great job for the Chinese Communist Party. Enjoy hyperinflation and starvation. Suckers. Whatever! Thank god I keep all of my money locked securely in my imagination.
Source: AP - 🏆 728. / 51 Read more »

Credit Suisse secures $54 bln lifeline as authorities rush to avert global bank crisisCredit Suisse on Thursday said it would borrow up to $54 billion from the Swiss central bank to shore up liquidity and investor confidence after a slump in its shares intensified fears about a global banking crisis. Has it already collapsed or on life support? Hope for the best, prepare for the worst Global Bank crisis?
Source: Reuters - 🏆 2. / 97 Read more »

Credit Suisse to borrow $54 billion from Swiss central bankSwiss bank Credit Suisse says it will move to shore up its finances, borrowing up to $54 billion from the central bank after its shares plunged, dragging down other major European lenders in the wake of bank failures in the United States 🤔 Nothing unusual here.... This is just nationalizing international banks. The harm will be even worse when just one western country falls, currencies will start collapsing. Looking at you Eastern Europe. These people know one thing for sure. A population in despair is easier to control then people with hope.
Source: ABC - 🏆 471. / 51 Read more »