Credit Suisse

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Swiss Regulator: Switzerland Faced a Bank Run if Credit Suisse Was Allowed to Go Bankrupt
Swiss regulator FINMA said Wednesday that allowing embattled lender Credit Suisse to file for bankruptcy could have resulted in deposit runs at other banks in Switzerland FINMA and the Swiss National Bank brokered UBS takeover of Credit Suisse for 3 billion Swiss francs 3 3 billion in a deal announced on March 19 The Hash [...]
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Custodia Bank’s Caitlin Long on State of U.S. Crypto Regulation Amid Banking Turmoil
New York Community Bank has agreed to buy a major chunk of failed Signature Bank according to the FDIC Custodia Bank founder and CEO Caitlin Long discusses what to make of the lingering U S banking jitters and the potential impact on crypto regulation in the country Plus her reaction to UBS purchasing rival Credit [...]
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This Crisis Will Define the Future of Money
The recent collapse of three high-profile banks - Silicon Valley Bank, Silvergate Bank and Signature Bank - has caused worrying outflows at hundreds of regional banks. Now, with the U.S. Federal Reserve creating a new backstop facility reportedly worth $2 trillion, the echoes of crises in 2008 and 2013 are loud.
Conceptual business illustration of risk zone metaphor with businessman silhouette standing like between a rock and a hard place. Minimalistic vector illustration

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Bitcoin Is a Clear Winner of the U.S. Banking Crisis
The narratives around bank failures, stablecoins and interest rate hikes seem strong enough to propel the price of bitcoin, says CoinDesk's George Kaloudis.
(Tuomas A. Lehtinen/Getty Images, modified by CoinDesk)

(CoinDesk)
Bitcoin Holds Steady Above $24.5K as European Banking Crisis Eases
BTC has remained in a range between $24,200 and $25,200 over the past 24 hours. Investors are hoping the Federal Reserve relaxes its recent monetary hawkishness.
(CoinDesk)

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How Credit Suisse Developments are Impacting the Crypto Market
Credit Suisse has agreed to a $53 billion loan from the Swiss National Bank, after shares of Switzerland's second-largest lender hit a fresh record low on Wednesday. "First Mover" hosts Christine Lee and Lawrence Lewitinn discuss how recent banking jitters are impacting the cryptocurrency market.
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'Sharks in the Water' Linger Amid Recent Banking Sector Jitters: Former FDIC Regulator
Credit Suisse has agreed to a 53 billion loan from the Swiss central ban after shares of Switzerland's second largest lender hit a fresh record low on Wednesday What you're seeing are sharks in the water and a lot of short selling of bank stocks said Jason Brett Key Bridge Advisors Managing Director and former [...]
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Prospective Signature Bank Buyers Must Promise to Give Up All Crypto Business: Report
Signature Bank is on the market after being shuttered by state regulators on Sunday but any potential buyer reportedly has to agree to a major caveat no crypto Jason Brett Key Bridge Advisors Managing Director and former U S Regulator at the FDIC shares insights into the recent banking jitters and its impact on the [...]
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Economy graph: red down arrow, cash euro banknotes and stock exchange board
Bitcoin Slides Below $24.5K as European Banking Woes Spook Investors
BTC dropped as low as $23,946 Wednesday midday before pulling back above the $24,000 mark.
Economy graph: red down arrow, cash euro banknotes and stock exchange board