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What just happened? On Friday CS was borrowing money from the Swiss national bank to buy back it's own debt and their stock seemed stable. They had just publish
by fancyfredbot 4y ago
What just happened? On Friday CS was borrowing money from the Swiss national bank to buy back it's own debt and their stock seemed stable. They had just published a quarterly report showing a 14.1% CET1 ratio. Why sell at less than half Friday's closing price? Was a bank run in progress?
- m3drano 4y agoJust on Friday they had 10,000 million CHF in outflows. So I guess yes.