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Credit Suisse must boost depositors’ confidence to halt global concern
Credit Suisse must boost depositors’ confidence to halt global concern
FRIDAY, MARCH 17, 2023
A top Thai fintech startup has warned that the world economy will suffer if financial giant Credit Suisse goes bankrupt.Credit Suisse to borrow up to 50 bln Swiss francs from Swiss National Bank
Credit Suisse to borrow up to 50 bln Swiss francs from Swiss National Bank
THURSDAY, MARCH 16, 2023
Credit Suisse on Thursday said it was taking "decisive action" to strengthen its liquidity by borrowing up to $54 billion from the Swiss central bank after a slump in its shares intensified fears about a broader bank deposit crisis.Biden says US banking system is safe after SVB, Signature collapse
Biden says US banking system is safe after SVB, Signature collapse
MONDAY, MARCH 13, 2023
US President Joe Biden pledged on Monday to do whatever is needed to address a banking crisis threatened by the collapses of Silicon Valley Bank and Signature Bank, which forced regulators to step in with emergency measures.