Credits suisse

Will this bank trigger the

next financial crisis ??
“Crédit Suisse is facing a critical moment but as
bank it reminds strong”
What is really Happening at this bank and why are investors worried ?

Credit Suiss a capital gap of at least $4.1 billion.

Money needs ,
.1) the restructuring of the bank
2) support growth initiatives
Credit Suisse reports $1.65 billion losses for the second quarter as its european rivals see gains.
Credit Suisse has strong capital base and liquidity -CEO memo,
"We are in the process of reshaping Credit Suisse for a long-term,sustainable future - with significant potential for value
creation”

Credit Suisse was sounding out investors for fresh cash as it attempts a radical overhaul of its investment bank.
What is a credit defaults swap ?
It’s a financial agreement essentially sort of like a bet against a financial instrumen

Can it happen again will crédit suisse be at the centre of the next big financial crisis? We hope that doesn’t
happen ~