Thursday, December 12, 2024

Tag: Credit Suisse Craters To Record Low After Revealing Staggering $88 Billion Bank Run

Credit Suisse Craters To Record Low After Revealing Staggering $88 Billion Bank Run

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    from ZeroHedge:

    One month ago, weeks before the crypto sector was shaken by the crushing FTX bankrun which led to a quick and painful bankruptcy, and revealed that one of the world’s biggest crypto exchanges and its “JPMorgan-esque” owner were nothing but hollow shells of fraud, another bank was suffering from a far bigger bank run.