| Getty Images Key Takeaways Credit Suisse has experienced multiple major scandals since early 2021. These scandals have resulted in billions of dollars of losses for the bank and its investors, causi...
Tag: Lehman Brothers
Is Credit Suisse Going Bust?
Swiss banking giant Credit Suisse is struggling to restructure in the wake of scandals and accusations which include money laundering for the Bulgarian Mafia. Their credit default swaps, which reflect...
No, Credit Suisse Won’t See A ‘Lehman-Style Explosion’—Here’s Why
Credit Suisse shares have plunged as credit risk continues to rise. Fabrice Coffrini/AFP via Getty Images Concerns about the financial health of Swiss banking giant Credit Suisse over the weekend have...
Credit Suisse Shares Tank As Capital Concerns Spark Reminders Of Lehman Brothers Failure: Here’s What We Know
Topline Shares of Credit Suisse plunged to an all-time low Monday as investors traded on concerns about the Swiss banking giant’s financial health and management’s ability to restructure the instituti...
German Minister Warns Of ‘Catastrophic’ Industrial Shutdowns And Mass Unemployment If Gas Crisis Continues
Topline Germany’s economy minister Robert Habeck said the country’s federal government is attempting to stabilize energy supplies but warned of potential industry shutdowns and job losses if gas reser...