Banking Rescues - Credit Suisse and SVB - What it means for businesses

Publisher: Bankhawk

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Banking Rescues - Credit Suisse and SVB - What it means for businesses

The announcement of a new rescue plan for Credit Suisse wont fully settle the nerve of investors and depositors. Similarities with the disastrous forced takeover of HBOS by Lloyds Bank in 2008 after Lehman Brothers collapsed. The problems at Credit Suisse are widely known but the speed with which this rescue is being implemented is dramatic.

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