Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Credit Suisse: Are we teetering on the edge of a banking crisis?

Credit Suisse: Are we teetering on the edge of a banking crisis?

FromSky News Daily


Credit Suisse: Are we teetering on the edge of a banking crisis?

FromSky News Daily

ratings:
Length:
14 minutes
Released:
Mar 21, 2023
Format:
Podcast episode

Description

Credit Suisse, one of Switzerland's largest banks, has been swallowed up by its rival UBS for £1bn.The shotgun merger happened less than a week after the UK financial authorities saved the British arm of Silicon Valley Bank which had collapsed in the US. These troubles either side of the Atlantic have spooked investors - the concern now is other banks could follow. On the Sky News Daily Sally Lockwood speaks to economics and data editor Ed Conway about what this means for investors and whether we are teetering on the edge of a banking crisis. Producer: Rosie Gillott Editor: Philly Beaumont
Released:
Mar 21, 2023
Format:
Podcast episode

Titles in the series (100)

The Sky News Daily podcast with Niall Paterson brings you a deeper look at the big stories. We use Sky News correspondents for the best eyewitness reporting, original stories and expertise to make sense of the world.Published every weekday.