@twinkle5:
Credit Suisse Group AG has assets of about 500B, Switzerland GDP is about 800B. Saudi investors have declined to invest any more money in Credit Suisse. Switzerland is wooing Putin/ his Oligarchs, ONLY Swiss National Bank is willing to lend Credit Suisse $54B.Back to SVB, which had nearly 200B from client deposits. They decided to t5o buy treasuries and bonds, and, when FED started raising interest rates, those bonds/treasures dropped in value and when clients came for their money SVD was already in a liquidity trap.How did Apple hold borrowed money and cash? was it in bonds/ treasuries? ( look at financial reports) Many companies will fall into liquidity trap on a global scale, its not that they do not have assets, but are not liquid, in circumstances like that, you sell whatever you have