A year on from Credit Suisse’s rescue, banks remain vulnerable

Sharing is Caring!

The Swiss government-sponsored rescue of Credit Suisse and U.S. bank salvages in March 2023 doused the immediate fires kindled by a run at little-known U.S. regional lender Silicon Valley Bank.
But regulators and lawmakers are only starting to address how banks could better withstand deposit runs, and whether they need easier access to emergency cash.

www.reuters.com/markets/europe/year-credit-suisses-rescue-banks-remain-vulnerable-2024-03-15/

See also  America's Largest Banks Can’t Come Back From This, Economic Crisis Is Coming
Views: 30

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.