(NOTE: Just Human talked about the corruption of Credit Suisse bank at length on his show last night. See my previous post.)
Credit Suisse shares fall to all-time low as bank announces it has found ‘material weakness’ – just hours after Wall Street expert predicted that it would be the next to fall after SVB
Credit Suisse shares fell by 5 percent in early trading on Tuesday to an all-time low, hours after the bank revealed it had found ‘material weaknesses’ and recorded an $8billion loss in its 2022 annual report.
Credit Suisse shares fell five percent to an all-time low in early trading and in Europe on Tuesday after the bank confirmed material weaknesses and an $8billion loss in 2022, just hours after a financial expert claimed it would be the next institution to fall following SVB.
Credit Suisse shares fall as bank admits ‘material weaknesses’