Is Credit Suisse Done?
Credit Suisse has announced that it will borrow up to $54 billion from the Swiss central bank in order to stabilize its liquidity and restore investor confidence.
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Hot Chinese Waters
The second-largest global economy, China, currently faces a deflating property bubble, local governments struggling with debt payments, and a banking system exposed to these issues.
US Small Business Confidence Hits a 10-Year Low
In April, the National Federation of Independent Business (NFIB) reported that small business confidence in the US declined to the lowest level in more than a decade.
A Long Banking Storm
On Wednesday, data provider ORTEX revealed that hedge fund bets against Canada's TD Bank Group had increased by 45% in the past two weeks to reach $6.1 billion.
The End Of The Tech Bubble?
Silicon Valley Bank's collapse has sent shockwaves through the global banking industry, leading to widespread concerns about the financial stability of lenders.