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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (134526)10/3/2022 9:56:07 AM
From: Goose94Read Replies (1) | Respond to of 203382
 
HUV-T: Credit Suisse Turmoil

This is easily the most uncomfortable story that’s percolating. Credit Suisse shares sank to an all-time low this morning in a set of circumstances that, for some, are evoking memories of 2008-2009. Its chief executive has been attempting to assuage fears about its capital levels, while acknowledging the bank is at a “critical moment.” Beyond its collapsing share price, market apprehension is also evident in the pricing of credit default swaps. The big question right now might be whether Credit Suisse can afford to wait until Oct. 27 to present its restructuring plan.

BNN.ca