Talks of trouble brewing at Swiss investment bank Credit Suisse CS gained ground over the weekend, with Twitterati beginning to raise the specter of a Lehman-like collapse. Credit Suisse and Deutsche Bank, two of the world’s largest banks, are suffering from distressed valuations and the banks’ credit default insurance levels are approaching degrees not seen since 2008. Credit Suisse and Deutsche Bank control about $2.8 trillion in global assets.
Guest: Gareth Soloway Chief Market Strategist of InTheMoneyStocks.com
website ➜ https://bit.ly/InTheMoneyStocksite
#crypto #bitcoin #bank
~Major Banks Collapsing? EPIC Crypto Crash Potential w/ Gareth Soloway~
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