12 Comments

1. 

   ankole_watusi on October 4, 2022 at 6:32 pm

   Same place that said there was a coup against Winnie The Pooh.

2. 

   ClioBitcoinBank on October 4, 2022 at 6:32 pm

   It’s confirmed by Credit Suisse’s reaction to the pre-pre-pre-news coming from credible reporters teasing a story about a certain financial institution about to break combined with some of their top management leaving abruptly. No other bank came out and made official non-denial denials even though many of us had guessed it was Wells Fargo or Bofa. You look at their numbers and it all adds up, it’s either credit suisse or credit suisse’s twin brother.

3. 

   _aposematism_ on October 4, 2022 at 6:32 pm

   Credit markets are relatively anxious about Credit Suisse’s health.

   [CDS rates for CS](https://pbs.twimg.com/media/FeDNpj9X0AIiBqw?format=jpg&name=large) increased to ~250bps from ~60bps at the beginning of the year.

   Getting an accurate implied probability of default from those spreads is more work than I’m willing to do on a Sunday morning, but considering that we are talking about reasonably low probabilities you can kind of interpret that move as _”CS is four times as likely to default than it was at the beginning of the year”_.

4. 

   SpiderPiggies on October 4, 2022 at 6:32 pm

   [Brief](https://www.forexlive.com/news/there-are-some-serious-rumours-doing-the-rounds-about-a-major-bank-failure-20221002/) summary. [Here](https://www.reuters.com/markets/europe/buzz-credit-suisse-cds-9-month-high-after-q4-loss-expectations-add-scandals-2022-01-31/) is the reason why CS is the bank suspected by many.

   Basically it all comes down to ABC Australia saying they’ve got a credible source that a bank is about to long rope. People suspect CS because it’s been on the verge for years.

5. 

   Secure_Imagination54 on October 4, 2022 at 6:32 pm

   I heard about their problems 12 months ago from my UK Gold Bullion dealer and that they were on a Govt short list of banks with serious concerns

6. 

   Secure_Imagination54 on October 4, 2022 at 6:32 pm

   The share price is a huge fucking clue my friend. Its a bank, remember. 3 bucks a share, down a shit load from being somewhat higher

7. 

   racefapery on October 4, 2022 at 6:32 pm

   Stop googling in Dutch

8. 

   Timalakeseinai on October 4, 2022 at 6:32 pm

   [https://twitter.com/search?q=%23CreditSuisse&src=typeahead_click&f=live](https://twitter.com/search?q=%23CreditSuisse&src=typeahead_click&f=live)

   ​

   also

   ​

   https://www.bloomberg.com/news/articles/2022-09-30/credit-suisse-ceo-says-firm-at-critical-moment-sees-strength

9. 

   chefko on October 4, 2022 at 6:32 pm

   Best summary of Credit Suisse Infos

   https://twitter.com/Mayhem4Markets/status/1576243100367736834?t=5CHUgolkWbWnNeexqXc7NA&s=08

10. 

    WhipLash07 on October 4, 2022 at 6:32 pm

    https://www.reuters.com/business/finance/credit-suisse-faces-money-laundering-charges-trial-bulgarian-cocaine-traffickers-2022-02-07/

11. 

    New-Work-139 on October 4, 2022 at 6:32 pm

    https://www.forexlive.com/news/there-are-some-serious-rumours-doing-the-rounds-about-a-major-bank-failure-20221002/amp/

12. 

    Zmemestonk on October 4, 2022 at 6:32 pm

    I don’t call it very credible but something I’d be paying attention to.

    https://twitter.com/investingcom/status/1576457410604339201?s=46&t=Y1Zd-1AelqNY28OdV296mg