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/biz/ - Business & Finance

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53654776 No.53654776 [Reply] [Original]

Credit Suisse Bank Run....

It's going to bring everyone down

>> No.53654781

>>53654776
crapto will pump
jannies will rope

>> No.53654822
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53654822

>> No.53654829

>>53654776
didn't credit suisse already collapse?
What's so different this time?

>> No.53655335

>>53654829
I think it was about to collapse and was bailed out, which only bought some time.

>> No.53655350

>>53654776
AUM isnt large enough. They can tunnel

>> No.53655371

>>53655350
>AUM isnt large enough.
They're the 28th largest bank globally. That's about 1.5 trillion USD in AUM.

>> No.53656646

>>53654829
The Fed gave them a swap line.
Ok, let me phrase it correctly: the Fed gave a swap line to an unnamed Swiss counterparty. Could be any bank. Maybe it's the bank that called customers on the weekend, unprompted, to assure them that everything was fine, maybe it isn't.

>> No.53657058

>>53654829
>didn't credit suisse already collapse?
No, they got bailed out by the Swiss Central Bank / Fed.