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

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

Credit Suisse at Paradeplatz in Zurich 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 67. 78% over the last month. If you think that all sounds a bit hush, hush secret handshake, that's because in some ways it is. Credit Suisse problems have existed for a long time, and this deal means the widely lauded Swiss banking system can maintain its credibility in the global financial system. Worried about all these banking failures and concerned about the wider economic environment? You're not alone. Hedging strategies make more sense than ever right now, and at Q. ai we've designed a way to have AI proactively review the risks to your portfolio and hedge against them every week. It's called Portfolio Protection, and it's available on all our Foundation Kits. Silicon Valley and Signature Banks were