Why is Europe facing a BANKING CRISIS like 2008 : Credit Suisse Crisis Business case study You Tube
SmallcaseAll weather investing: Dividend Aristocrats: Communication Masterclass: Join our communication masterclass to master the art of storytelling VIDEO INTRODUCTION: Credit Suisse is one of the biggest banks in the world, it is so huge that it generated a revenue of 22 Billion dollars, operates in over 50 countries and its assets under management alone amount to 1. 1 Trillion dollars But in the past 1 year something crazy has happened, they lost more than 14 billion dollars in 2 terrible investments, have reported 5 quarters of loss in the past 7 quarters, and have laid off 5000 employees. This combined with the pandemic, the Russia Ukraine war, and UK s economic turmoil all of them have put this giant bank into a big big risk This situation is so critical that expert
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