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With Credit Suisse Investors The Latest To See Massive Losses, Are More Bank Failures To Come?

Por: Forbes Business March 22, 2023

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Credit Suisse at Paradeplatz in ZurichGetty Key Takeaways First it was Silicon Valley Bank, then Signature Bank and now Credit Suisse has ceased trading as well. The story with Credit Suisse is a little different, as it’s not been shut down by the regulator. Instead, it was bought out at a fire sale price by UBS, in a deal orchestrated by the Swiss National Bank. This came off the back of a massive crash in the stock price, which saw it fall... + full article



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