beSpacific · @bespacific
795 followers · 1290 posts · Server newsie.social
beSpacific · @bespacific
726 followers · 1174 posts · Server newsie.social

New fears for of the rattled financial markets on Wednesday, after acknowledged it found “material weakness” in its reporting, adding uncertainty to the already jittery banking sector in the wake of Silicon Valley Bank’s collapse. Shares of Credit Suisse were down 20 percent on the news. Risk washingtonpost.com/business/20

#stability #global #financialsystem #creditsuisse #financial #european #banking #financialstability #globalfinancialrisk #systemicrisk #gsib

Last updated 1 year ago