Swiss banking group 'Credit Suisse' reported a quarterly loss in Q4 2022 of 1.5 bio. USD. For 2023 the bank estimates a negative result too. Just some months ago CS received a Fed's Swap Line to counter the interbank bank-run that shook the bank and threatened the whole banking sector to falling into a liquidity crisis again.
0 sats \ 0 replies \ @nym 10 Feb 2023
Welcome aboard!
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