Near ”cliff”s edge,” Credit Suisse not seen as systemic risk

Near ”cliff”s edge,” Credit Suisse not seen as systemic risk

Longtime troubles at Credit Suisse came to a head this week with a record stock plunge that spread fears of a banking crisis jumping from the US to Europe. But the problems have been building for years at Switzerland’s second-largest bank, ranging from bad bets on hedge funds to a spying scandal involving rival lender … Read more