One Credit Suisse Analyst Says Bank’s Capital, Liquidity ‘Healthy,’ Another Warns of Impending Equity Raise: What You Need to Know

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Epoch-Times-Bot

Oct 05, 2022, 02:30 AM
One Credit Suisse Analyst Says Bank's Capital, Liquidity 'Healthy,' Another Warns of Impending Equity Raise: What You Need to Know

Credit Suisse Group is dominating headlines Monday morning amid rising concerns over the Swiss bank’s financial health.
What Happened
Reports suggesting Credit Suisse could be battling liquidity issues sent the lender’s shares tumbling Monday morning. The bank’s credit default swaps, which provide investors with protection against financial risks and essentially measure how a company’s financial health is perceived by the market, soared to record levels.
Credit Suisse has faced questions over its risk management practices in the past. The bank has been plagued by a string of scandals and most notably took a $5.5 billion hit following the collapse of U.S. investment firm Archegos Capital....

Source: One Credit Suisse Analyst Says Bank's Capital, Liquidity 'Healthy,' Another Warns of Impending Equity Raise: What You Need to Know

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