Credit Suisse Crisis: Will the $ 54 billion debt avert the Credit Suisse crisis? – credit suisse borrow 54 billion dollar loan from the swiss central bank

Credit Suisse Crisis: Will the $ 54 billion debt avert the Credit Suisse crisis?  – credit suisse borrow 54 billion dollar loan from the swiss central bank

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New Delhi: The banking crisis in America is getting deeper. America’s two big banks, Silicon Wali and Signature Bank, have been locked. At the same time, the wind of American banking sector has now reached Europe. The financial health of Credit Suisse, one of Europe’s largest investment banks, has deteriorated. The confidence of investors and customers of Credit Suisse has been shaken. Experts are giving their opinion on this banking crisis. In 2008, Robert Kiyosaki, who predicted the collapse of Lehman Brothers, one of America’s largest banks, has also claimed Credit Suisse. He said that the danger of Credit Suisse is not over yet. Even after getting a loan of $ 54 billion from the Swiss Central Bank, the difficulties of Credit Suisse have not reduced. Even after getting a loan of $ 54 billion, the danger regarding 166-year-old Credit Suisse is not over yet.

Wall Street analyst Kiyosaki said the root of Credit Suisse’s entire problem is the bond market. He said that I had predicted earlier regarding Lehman Brothers. Now I think that bank would be Credit Suisse. The bank bond market is collapsing. If this crisis deepens, it will be difficult for banks around the world. Significantly, Switzerland’s Bank Credit Suisse said on Thursday that it would take a loan of up to $ 54 billion from the Swiss Central Bank (Central Bank) after its shares fell. Credit Suisse has taken this decision to strengthen its financial position.

How did the 166-year-old Credit Suisse bank, which gave ratings to others, reach itself on the verge of drowning, will India’s tension increase?
Credit Suisse said it would exercise an option to borrow up to 50 billion francs (US$53.7 billion) from the Swiss central bank. The bank said, “This additional cash will support Credit Suisse’s core business and customers. The bank is being simplified and more focused on customer needs. Shares of Credit Suisse rose nearly 30 per cent on Thursday following the announcement. Shares of Credit Suisse fell nearly 25 per cent on Wednesday following the recent collapses of Silicon Valley Bank and Signature Bank in the US.

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