Credit Suisse: why the prospect of bankruptcy makes European banks tremble

” Calm down ! Calm down ! And just look at the reality. The message from the Minister of Economy and Finance Bruno Le Maire, hammered home on Monday March 13 in Brussels following the rout of the Silicon Valley Bank, obviously did not pass. In the wake of Crédit Suisse, the second Swiss bank which lost 24.24% on the Zurich Stock Exchange, European banking stocks still experienced a black Wednesday evening: -12.18% for Société Générale, -10.11% for BNP Paribas, -9.33% for Deutsche Bank…

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Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

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