Geee Posted March 15, 2023 Share Posted March 15, 2023 Just the News Stock futures fell on Wednesday as pressure on the financial sector increased with shares of Credit Suisse, a Swiss Bank with large U.S. operations, tumbling more than 20%. Futures tied to the Dow Jones Industrial Average fell 534 points, or 1.6%, while S&P 500 futures and Nasdaq-100 futures lost 1.8% and 1.6%, respectively. In recent days, a crisis in the financial sector has centered around regional banks as Silicon Valley Bank and Signature Bank collapsed, both casualties of poor management in the face of eight interest rate hikes by the Federal Reserve in the last 12 months. Wednesday morning attention turned to the big banks with shares of Credit Suisse hitting an all-time low. Link to comment Share on other sites More sharing options...
Geee Posted March 16, 2023 Author Share Posted March 16, 2023 Jordan Schachtel @JordanSchachtel ·The head of global markets at Credit Suisse is a mentally ill "gender fluid" man who sometimes believes he wakes up as a woman. Link to comment Share on other sites More sharing options...
Valin Posted March 26, 2023 Share Posted March 26, 2023 Meanwhile.................... Mar 26, 2023 'Shark Tank' star Kevin O'Leary explains the success behind North Dakota's public banks and the impact of the SVB collapse on regional banks. Link to comment Share on other sites More sharing options...
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