Credit Suisse’s Woes May Set Stage for Regulators to Repeat Mistakes of 2008, Experts Say

Started by Epoch-Times-Bot, Oct 07, 2022, 12:30 AM

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Epoch-Times-Bot

Oct 07, 2022, 12:30 AM
Credit Suisse's Woes May Set Stage for Regulators to Repeat Mistakes of 2008, Experts Say

News Analysis
Distressed bank Credit Suisse, whose financial troubles and uncertain future have dominated headlines in recent days, may sees its woes deepen in weeks to come as growing numbers of executives leave the bank, potentially triggering a scenario where regulators will step in and apply heavy-handed bailout measures similar to those adapted in the 2008 financial crisis, economic experts have told The Epoch Times.
The bank's share price plummeted 11.5 percent on Monday before undergoing a modest turnaround. The dramatic fall in stock value is part of a long-term decline, with Credit Suisse's share price tumbling 56.2 percent over the course of the past year to $3.98....

Source: Credit Suisse's Woes May Set Stage for Regulators to Repeat Mistakes of 2008, Experts Say

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