$Credit Suisse Group AG(CS)$  


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.

Report

Comment19

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