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March, 2023

"WHAT IS HAPPENING AT CREDIT SUISSE?"

by AdviseOnly (online magazine)

After the case of the Silicon Valley Bank, a new negative scenario is opening up for the banking sector: even Credit Suisse, one of the main banking groups in the world, is experiencing quite a few problems with losing securities.

Management admitted there were "material weaknesses" and the president of Saudi National Bank, Credit Suisse's largest shareholder, said it would not provide additional liquidity to the bank.

To find out more, read the article "Dopo SVB, anche Credit Suisse sotto pressione. Ma per fortuna c’è la banca centrale" published by AdviseOnly magazine.

Read the full article >> https://bit.ly/3na7kNI

Enjoy the reading