$Credit Suisse Group AG(CS)$ I

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Hopehope赋予希望
2023-03-18

I have friends working at credit Suisse. I feel like the whole media online is talking about credit Suisse now after the fall of silicon valley bank.

The fear contagion is spreading and going with the fastest rate hike by Federal Reserve, I am not surprised that the recent tapping of over 30 billion USD by credit Suisse from Swiss central bank may force them to be acquired by another bigger bank.

What will this happen after this? I believe Deutsche bank will be under scrutiny in time to come too... What will happen? Lots of uncertainties in the market now and central banks really have to do a coordinated move.

As always, this should not be construed as any investment or trading advice.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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WebbBart
·2023-03-18
It's a bad beginning for EU. World economy will be worse.
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WernerBilly
·2023-03-18
Is it different from SVB? Hope EU can help them
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alexj
·2023-03-18
fear us contagious
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Michellesoh
·2023-03-18
😀
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不死鸟.
·2023-03-18
👌
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chuanyetfah
·2023-03-18
[呆住]
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Joshlc
·2023-03-18
👍🏻
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linrui1
·2023-03-18
k
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smee
·2023-03-18
[lovely]
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alod
·2023-03-18
thanks
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Lhokie
·2023-03-18
WOw
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kong1509
·2023-03-18
Ok
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alexj
·2023-03-18
Good sharing
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cksl
·2023-03-18
good
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Tony0623
·2023-03-18
kk
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DMC8
·2023-03-18
Tks
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Holomatt
·2023-03-18
Nice
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Jialatsia
·2023-03-18
Meep
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TVL
·2023-03-18
good
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