Credit Suisse – Page 3

US Bank Outflows and Concerns Mount: 11 Banks Bail Out First Republic Bank From Collapse

After the fall of Silvergate Bank, Silicon Valley Bank (SVB), and Signature Bank (SNBY), First Republic Bank, a commercial bank and wealth management services provider, is the latest financial institution to receive a bailout. Close to a dozen lenders announced they will deposit $30 billion into the beleaguered bank’s coffers to shore up liquidity. U.S. […]

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European Commissioner Says Impact of SVB Collapse ‘Limited’ as Credit Suisse Drags Down Banking Stocks

Silicon Valley Bank’s (SVB) collapse has had a “limited impact” on the European Union but authorities must still “stay alert” to events as they unfold, European Commissioner Mairead McGuinness has said. Despite McGuinness’ reassuring remarks, stocks of Europe’s largest banks still plunged by as much as 10% on March 15. Silicon Valley Bank’s ‘Limited’ EU […]

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On the Brink of a New Trend: Credit Suisse Receives 50 Billion Swiss Franc Bailout From Swiss National Bank

Credit Suisse has experienced a loss of confidence in the financial institution’s health following a significant drop in its shares’ value this week. Over the past five days, Credit Suisse shares have fallen 24.34% against the U.S. dollar, eroding trust amid fears about the global banking system. On Wednesday at around 9 p.m. (ET), Credit […]

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Bitcoin returns to $25K as Credit Suisse bailout precedes EU rate hike move

A day of important macroeconomic news both in the U.S. and Europe sees BTC price action circling the all-important $25,000 zone.

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Strategist Warns Credit Suisse Next to Collapse — Says ‘There’s a Run on the Bank’

Strategist Warns Credit Suisse Will Be Next Bank to Collapse Citing Capital Trouble — Says 'There's a Run on the Bank'

Market strategist Greg Foss has predicted that Credit Suisse will be the next major bank to collapse, citing capital trouble and a run on the bank. The Swiss banking giant has also identified “material weaknesses” in its financial reporting controls. Its shares plunged on Wednesday after the bank failed to raise capital from its largest […]

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Swiss National Bank says it would support credit Suisse if necessary

Swiss regulators reaffirm the soundness of the Swiss financial system, following recent concerns about Credit Suisse.

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Price analysis 3/15: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, SHIB

Credit Suisse has pulled the U.S. equities markets lower, but a positive sign is that Bitcoin and select altcoins are holding near their local highs.

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Bitcoin rejects at $25K as US PPI data meets Credit Suisse meltdown

BTC price attempts to break towards the week’s highs, but a charging U.S. dollar creates some serious friction for Bitcoin bulls.

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Silicon Valley Bank Faces Financial Woes as Stock Is Halted, Sells $21 Billion Bond Portfolio at a $1.8 Billion Loss

On March 10, 2023, market observers are discussing the troubles Silicon Valley Bank (SVB) faces, as the firm’s stock slid more than 60% in the last 24 hours. SVB was forced to sell a $21 billion bond portfolio at a $1.8 billion loss. CEO Greg Becker insists that the financial institution “will be well positioned” […]

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Swiss Crypto Company Taurus Raises $65 Million From Credit Suisse, Other Banks

Digital asset infrastructure provider Taurus has secured millions of U.S. dollars in investment from major banking institutions. The successful funding round comes in the aftermath of negative developments in the crypto space, indicating that large players from traditional finance remain engaged with the market despite its woes. Credit Suisse, Deutsche Bank Invest in Digital Asset […]

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