Credit Suisse…critical movement…

[LadiesTailor]

23 hours ago, dasari4kntr said:

 

 

 

Hope it won’t be the case… financial sector okkati bankrupt ayuthe dominos effect and assam train.. 2008 repeat 

[dasari4kntr]

24 minutes ago, LadiesTailor said:

Hope it won’t be the case… financial sector okkati bankrupt ayuthe dominos effect and assam train.. 2008 repeat 

Yaa let’s hope…nothing goes wrong..

 

 

[dasari4kntr]

9 hours ago, Forgive_Me said:

6 to 8 months back db lo layoffs layoffs ani dikkumalina joker threads padevi daily 20, 30 threads , @dasari4kntr anniya, nuvvu maatram dasari direction lo recession ane 8k resolution movie thesi db public ki parts parts lo chupisthunnav daily.

konchem nuvvu esina kotha drawing/painting post cheyi, chudali ani kallu vachipoyi unnayi ikkada, adi better e torcher kante

Bank lo job bro…edinaa theda kodithe mundu effect ayedhi..maa bank janaale…

anduke …news ni follow avutundi…

[pakeer_saab]

9 minutes ago, dasari4kntr said:

Bank lo job bro…edinaa theda kodithe mundu effect ayedhi..maa bank janaale…

anduke …news ni follow avutundi…

banks are so fragiles in todays world that you wont even know when it comes

average employees could never estimate what came to them in 2008

if there is one thing you can do it is to move out financial sector and move into a recession proof sector

being in financial sector during a potential economica crisis is actually more stressful than reality

 

[dasari4kntr]

6 minutes ago, pakeer_saab said:

 

being in financial sector during a potential economica crisis is actually more stressful than reality

 

True… ☹️

[dasari4kntr]

 

[dasari4kntr]

almost entire stock market is going down...but $CS is going opposite...something fishy...

 

[dasari4kntr]

Credit Suisse’s Troubles Are Taking Bank Stocks and Others Down With It

 

Problems at Switzerland’s second-biggest lender are causing stocks around the world to falter. 

On Wednesday, Credit Suisse CS –20.10%  ‘s top shareholder said in a Bloomberg interview that it wouldn’t invest additional money in the Swiss bank. Saudi National Bank Chairman Ammar Al Khudairy told the media outlet that taking a stake of more than 10% in Credit Suisse would trigger regulatory complications. 

That pushed shares of Credit Suisse to a new low on Wednesday. The stock (ticker: CS) fell as much as 26% in Zurich before paring some losses. Its American depositary receipts were down 15% before noon. 

After Silicon Valley Bank’s collapse, the banking sector is on high alert. Trading in shares of Credit Suisse and some European banks such as France’s Société Générale (GLE. France) and Italy’s UniCredit (UCG. Italy) was temporarily halted Wednesday. 

Shares of U.S. lenders Citigroup C –5.23%  (C), JPMorgan Chase JPM –4.59%  (JPM), and Wells Fargo (WFC) also fell on Wednesday. 

Shares of the regional banks put on downgrade watch by ratings agency Moody’s on Tuesday were mixed. Western Alliance Bankcorp (WAL) and Comerica (CMA) stock were down earlier, but have since turned higher. Shares of First Republic Bank (FRC) have fallen 17%. 

Renewed fears of contagion hit the broader market too. The S&P 500 SPX –1.55%  was off 1.4% and the Dow Jones Industrial AverageDJIA –1.83%  was down more than 500 points, or 1.6%. 

“The banking rout has taken on another ominous twist,” said Susannah Streeter, head of money markets at Hargreaves Lansdown. “The worry is that banks sitting on large unrealized losses in their bond portfolios might not have sufficient buffers if there is a fast withdrawal of deposits.”

Why Is Credit Suisse Struggling? A Recap of Recent Troubles. 

Credit Suisse’s struggles extend beyond today’s news. 

The stock fell on Tuesday after it released a delayed annual report that described weaknesses in the firm’s financial controls. The report had been delayed after the Securities and Exchange Commission raised questions about its cash flow statements in 2019 and 2020.

Credit Suisse ADRSource: FactSetAs of March 15, 11:53 a.m. ET

April 2020'21'22'2302468101214$16

Last week, asset manager Harris Associates, Credit Suisse’s largest shareholder, completely exited its position in the bank, according to a Financial Times report. 

Credit Suisse declined to comment. 

This is the latest in a series of issues for the bank. The 170-year-old Swiss bank was hit hard by losses from the collapse of Archegos Capital and Greensill Capital in 2021. The bank has posted a loss for five straight quarters and is in the middle of its second major overhaul in as many years after a series of scandals, executive changes, and client withdrawals.

[Pandubabu]

On 10/2/2022 at 10:59 AM, dasari4kntr said:

Hope it doesn’t start domino effect…

Deutsche bank lo work chese vallu evarina vunnara..?any insights…about $DB… 

Oka contractor unde , ippudu ledu anukunta ... 

I once wanted to apply.  Any company that assigns vice president roles for developers,  I try to avoid ..

[dasari4kntr]

13 minutes ago, Pandubabu said:

Oka contractor unde , ippudu ledu anukunta ... 

I once wanted to apply.  Any company that assigns vice president roles for developers,  I try to avoid ..

anni banks alane vuntayi…

[dasari4kntr]

Credit Suisse's struggles are causing stocks around the world to falter, as its top shareholder said it wouldn't invest more money in the bank due to regulatory complications. Credit Suisse's stock fell to a new low, and trading in its shares and some European banks was temporarily halted. The banking sector is on high alert after Silicon Valley Bank's collapse. Shares of US lenders Citigroup, JPMorgan Chase, and Wells Fargo also fell. The broader market was hit with renewed fears of contagion, and the S&P 500 and Dow Jones Industrial Average fell. Credit Suisse's recent troubles include weaknesses in financial controls, losses from the collapse of Archegos Capital and Greensill Capital, and a series of scandals, executive changes, and client withdrawals.

[csrcsr]

1 minute ago, dasari4kntr said:

Credit Suisse's struggles are causing stocks around the world to falter, as its top shareholder said it wouldn't invest more money in the bank due to regulatory complications. Credit Suisse's stock fell to a new low, and trading in its shares and some European banks was temporarily halted. The banking sector is on high alert after Silicon Valley Bank's collapse. Shares of US lenders Citigroup, JPMorgan Chase, and Wells Fargo also fell. The broader market was hit with renewed fears of contagion, and the S&P 500 and Dow Jones Industrial Average fell. Credit Suisse's recent troubles include weaknesses in financial controls, losses from the collapse of Archegos Capital and Greensill Capital, and a series of scandals, executive changes, and client withdrawals.

rachha nadustundi

https://www.cnbc.com/2023/03/14/stock-market-today-live-updates.html

[dasari4kntr]

12 minutes ago, csrcsr said:

rachha nadustundi

https://www.cnbc.com/2023/03/14/stock-market-today-live-updates.html

మూలిగే నక్క (us bank run) పైన తాటిపండు (credit suisse) పడింది..

[csrcsr]

Just now, dasari4kntr said:

మూలిగే నక్క (us bank run) పైన తాటిపండు (credit suisse) పడింది..

https://www.reuters.com/business/finance/credit-suisse-shares-drop-fresh-record-low-cds-widen-2023-03-15/

hearing it migfht impact saudi banks tooo anta

[dasari4kntr]

4 minutes ago, csrcsr said:

https://www.reuters.com/business/finance/credit-suisse-shares-drop-fresh-record-low-cds-widen-2023-03-15/

hearing it migfht impact saudi banks tooo anta

saudi vaadu (SNB) one of the investor…

btw..good chart from above link…