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esja | 3 years ago

Not a chance of a natural implosion. CS is one of a very small number of globally systemically important banks.

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neximo64|3 years ago

CS stopped being globally systemically important a decade ago. More and more so by selling off pieces of the bank the past few years

IAmGraydon|3 years ago

>CS stopped being globally systemically important a decade ago.

I don't know if you've looked at the market this morning, but it disagrees with you.

esja|3 years ago

They are a bit less important than they once were in terms of volume, but they are still massively interconnected with the rest of the system. There is zero chance they‘re just left to implode without governments and central banks stepping in.

tootie|3 years ago

They've dropped in the rankings but still have over $1T AUM. Far bigger than SVB.

david927|3 years ago

Princeton University Professor of Economics Alan Blinder said literally the opposite on Bloomberg today.

gjvc|3 years ago

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seydor|3 years ago

We are all globally systemic. We are the world. We are the children