Here’s why Credit Suisse’s failure matters to US investors

Photo of author


Thousands of miles off US shores early Wednesday, a headline that began working its way across Europe, then Wall Street, sparked renewed panic as investors braced for yet another banking crisis. have been

In Zurich, Credit Suisse CS CH:CSGN shares fell more than 20% at one point to a new record under €2 after the Swiss lender’s top shareholder, the Saudi National Bank chairman, said he would not any more. do. Bank.

His…

See also  Exxon is an exile on Wall Street and loving it