Credit Suisse enduku fail ayindi

[paaparao]

one year lo $4 billion dollars loss thattukoleda ee bank. why it failed. 

 

[dasari4kntr]

12 minutes ago, paaparao said:

one year lo $4 billion dollars loss thattukoleda ee bank. why it failed. 

 

series of scams...since 1980s...

 

 

[naughty15]

India banks next once people start withdrawing money then all banks will be fked up.  This fking digital money is big scam.  
 

hope this scam comes out quickly. I am sure once people asks their money in cash. 

[pakeer_saab]

4 minutes ago, naughty15 said:

India banks next once people start withdrawing money then all banks will be fked up.  This fking digital money is big scam.  
 

hope this scam comes out quickly. I am sure once people asks their money in cash. 

first know about banking first, it is deposits that are loaned out

it wont happen in India becauses we were never used to cheap money as it happened in US.

[Android_Halwa]

Adani ki loan ichindi

[Kakynada]

high level scams, global central banks high int rates, loss of credibility with customers - its actually shocking it got until this long with a wide history of wrecks... bandi eppudo shed ki poyindhi...just 10 mph lo inta varaku vachindi...now engine scrapped for good. 

[bhaigan]

4 hours ago, Android_Halwa said:

Adani ki loan ichindi

Credit Suisse gave loan to Adani ?

[Spartan]

7 minutes ago, bhaigan said:

Credit Suisse gave loan to Adani ?

it was sarcasm

CS odu hidenburg report vachinappudu Adani bonds ni downgrade chesi lecturelu cheppindu

vadi lekkalu bokkalu sari cheskokunda pakkanodiki neetul cheppindu ani tiwtterati minging CS

[paaparao]

5 hours ago, dasari4kntr said:

series of scams...since 1980s...

 

 

i think their downfall started from 2008 recession. Untill 2004 or so, they were doing fine. In 2006, Credit Suisse had a market cap of $70B. By 2016, they had a market cap of $30B. By 2022, they had a market cap of $10B. Today, they were acquired for $2B. later series of mismanagement and poor insight by swiss govt. who gives 4 Billions to sngle hedge fund to play in derivative market. it is so much pain for swiss public.

 

 

[DuvvaAbbulu]

Now merging to UBS 

[dasari4kntr]

 

 

[AndhraneedSCS]

4 minutes ago, dasari4kntr said:

 

 

 UBS (NYSE:UBS) is bringing back Sergio Ermotti, who rebuilt and led the bank (from 2011 to 2020) in the aftermath of the global financial crisis.

[pakeer_saab]

On 3/19/2023 at 4:02 PM, pakeer_saab said:

first know about banking first, it is deposits that are loaned out

it wont happen in India becauses we were never used to cheap money as it happened in US.

plus India did not print money like US

all the money that was printed during covid is now lying as deposits, which when withdrawn causing scare in small medium banks