Swiss regulator FINMA announced it was trying to identify any potential risk of contagion from SVB's meltdown to Switzerland's banks and insurers.
Shares for UBS, another Swiss bank and a Credit Suisse competitor, also slumped on Monday, falling by more than 7 percent.
The regulator didn't specify which measures it could take to help the country's banks, but said that it was"closely monitoring Credit Suisse as part of its supervisory activities."
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Robert Kiyosaki Warns of 'Crash Landing Ahead' as Bailouts Begin — Advises Buying More Bitcoin – Bitcoin NewsRich Dad Poor Dad author Robert Kiyosaki has warned of a 'crash landing ahead,' advising investors to buy more bitcoin. $BTC cryptocurrency
Lire la suite »
BTC up 10%, 'Rich Dad Poor Dad' Author Believes Bitcoin Is Response to Sick Economy'Rich Dad Poor Dad' author Robert Kiyosaki remains Bitcoin bull amid sick economy, meanwhile $BTC is up 10% bitcoin btc bitcoinnews btcusdt bitcoinnft kiyosaki bankcrash
Lire la suite »
Investor who called Lehman collapse predicts the next big US bank failureRobert Kiyosaki, who originally forecasted the Lehman 2008 crisis, predicts the next bank to collapse in the Silicon Valley Bank contagion will be Credit Suisse.
Lire la suite »
Credit Suisse shares fall to new record low after collapse of SVB and Signature BankCredit Suisse shares on Monday reached a new record low, falling as much as 9% as investors continued to hammer away at the stock of the Swiss banking giant...
Lire la suite »
Credit Suisse shares reach new record lowCredit Suisse shares reached a new record low in early morning trading on Switzerland's stock exchange.
Lire la suite »
Credit Suisse downgrades Logitech, says there's little hope for growth aheadThere's little hope for growth for Logitech this year, according to Credit Suisse.
Lire la suite »