If Credit Suisse toh, will have impact as big as Lehmann brothers?

[waterdestiny]

Or won't have same impact? Since it's not the biggest bank in Switzerland

 

[ZhuMingQiang]

Or won't have same impact? Since it's not the biggest bank in Switzerland

Best to watch out for UBS before others since it may have certain immediate implications & closer relationship with Credit Suisse........

 

[Mancunian2]

credit suisse is many times bigger than lehman ......

but lehman was surprise uplorry out of the blue
while credit suisse has been rubbish for several years liao, so maybe market already factored in them tohing

 

[sPacEmAn_sPiFf]

Switzerland won't let it happen.. Its reputation as a one of the world's foremost banking and financial centers is at stake

 

[Mechafanboy]

Will impact more on US and western allies war effort to help Ukraine, but zero impact on Russia.

Wat are you toking? Swiss just renewed their pledge of neutrality, they are not allowing Swiss made weapons to enter Ukraine. If anything, Switzerland is supposed to be a financial haven for russians..

 

[Cokacola]

Will impact more on US and western allies war effort to help Ukraine, but zero impact on Russia.

lol they should thank Biden if the global recession kick in except russia

 

[ZhuMingQiang]

Best to watch out for UBS before others since it may have certain immediate implications & closer relationship with Credit Suisse........

A worsening scenario is total Swiss banking systems breakdown & implicating other sovereign funds, financial institutions, businesses, etc globalwide........

 

[Shion]

will be a lot bigger...

 

[yamakazi51]

Switzerland won't let it happen.. Its reputation as a one of the world's foremost banking and financial centers is at stake

Nowadays almost anything is possible

 

[bakuganboy]

No,
But the prize is Swiss central bank toh. Then all those secret swiss accounts surface in public view

 

[rachdanon]

Will impact more on US and western allies war effort to help Ukraine, but zero impact on Russia.

wah...this brings in whole new perspective leh....

 

[Mephist0pheLes]

Credit suisse issue has been going on for year liao.

If it toh, short term the mkt will be scare sh1tless, but i dont think there will be a domino effect

 

[virtualape]

A worsening scenario is total Swiss banking systems breakdown & implicating other sovereign funds, financial institutions, businesses, etc globalwide........

when this happens, we can take over the "swiss standard of living" title officially.

 

[eeLoyH]

Or won't have same impact? Since it's not the biggest bank in Switzerland

Why don’t you pick a side and confirm if they got impact anot with your chop?

oh wait you can’t

 

[Zinna]

Wat are you toking? Swiss just renewed their pledge of neutrality, they are not allowing Swiss made weapons to enter Ukraine. If anything, Switzerland is supposed to be a financial haven for russians..

i tot they condemned putin invasion and follow the western sanctions? How to say you're neutral and financial haven for rusky?