Why Is Credit Suisse in Trouble? The Banking Turmoil Explained

Stress in the U.S. banking system jumped across the Atlantic this week, sparking turmoil for embattled Swiss bank Credit Suisse .

The European lender has long been dogged by issues. But on Wednesday, problems surrounding the bank exploded into plain view. After a whirlwind 24 hours marked by a dramatic fall in the bank’s stock price and financial contagion concerns, the bank announced it would borrow cash from the Swiss central bank to shore up its liquidity.

Was it because they're woke? Do they have any Black people in management? What does this trash heap of a rag have to say this time? Have you consulted that heralded racist and misogynist, Andy Kessler? Maybe ask the Westboro Baptist Church what they think.

WE just needed one more dollar

Die US Banken haben CS Bank Anteile verkauft und damit die Silican Valley Bank gerettet?

many of the wealty use this bank to keep their money out of the clutches of america irs. imo, let that bank do downhill. i think that banks only job is to hold, store, protect monies and not sell stock of the bank.

Biden's over spending is getting into the world financial market. Obama said if it could be screwed up biden would do it.

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