The Latest Breaking News from Credit Suisse

What the papers say – March 16

Chancellor Jeremy Hunt’s Budget receives a mixed response on Thursday’s front pages.

The Independent UK · Mar 16, 2023

US bank stocks sink as Credit Suisse fear spurs renewed rout

Stocks of major U.S. lenders sank with a sector gauge hitting the lowest level since November 2020 on Wednesday, following European banks down after Credit Suisse Group AG plunged.

Tribune News Service · Mar 15, 2023

Credit Suisse shares plunge amid banking jitters

Shares of Credit Suisse have plunged to a record low, after its top shareholder declined to increase its stake. The slide has added to market jitters over the state of Europe's banking sector, although it's not directly related to the recent collapse of two American lenders. Also in the show:…

France 24 · Mar 15, 2023

Fed gets more room to pause rate hikes after drops in producer prices, retail sales

U.S. producer prices and retail sales both declined in February, giving Federal Reserve officials more room to potentially pause interest-rate hikes as they weigh the impact of a banking crisis against inflation risks.

Tribune News Service · Mar 15, 2023

Will Credit Suisse be the next banking domino to fall?

After Silicon Valley Bank’s collapse, could one of Europe’s biggest (and most embattled) banks spark an even bigger crisis?

Fortune · Mar 15, 2023

Credit Suisse: what is happening at Swiss bank and should we be worried?

Plunge in bank’s share price adds to fears over weaknesses in banking sector following collapse of SVB

The Guardian - UK · Mar 15, 2023

SVB collapse may be start of ‘slow-rolling crisis’, warns BlackRock boss

Larry Fink tells investors more ‘shutdowns and seizures’ in US possible and predicts inflation and interest rates to rise

The Guardian - UK · Mar 15, 2023

Credit Suisse woes rock Wall Street

Wall Street was back in selloff mode early Wednesday as banking shares faced a fresh hammering amid worries that more lenders could fail.

Bangkok Post · Mar 15, 2023

Stocks drop as fears grow about the global banking system

A drop in shares of European lender Credit Suisse sparked fears that banking turmoil is spreading around the world.

WEKU · Mar 15, 2023

Robert Kiyosaki Is Predicting The Next Bank Seeing The Same Fate As It Happened To Lehman Brothers

Investor and entrepreneur Robert Kiyosaki made a new prediction for the banking sector that could possibly hit as this year

Zenger · Mar 15, 2023