Credit Suisse about to collapse?

[kompir]

Been hearing rumours and other messages on the imminent collapse of Credit Suisse.

https://mobile.twitter.com/DaveTaylorNews/status/1576137253734076418

https://mobile.twitter.com/Investingcom/status/1576279553039011840

https://www.finews.com/news/english-news/53582-lehman-brothers-moment-bank-of-england-bond-crash-finma-urban-angehrn

[Risto the Great]

I wouldn't be making new threads for each demise. They're gonna be everywhere soon!

[Carlin]

Add DB to the lot

https://mobile.twitter.com/emil_jens/status/1576432919899348993

https://mobile.twitter.com/hulkcombchris/status/1576434821752315904

https://mobile.twitter.com/themoneygps/status/1576430693093343233

[kompir]

I wouldn't be making new threads for each demise. They're gonna be everywhere soon!

True, I should rename it:

"The banking collapse thread"

My eyes are on the CDS spreads, the moment they start triggering (at notional value)... mameto mamino.

[Carlin]

... Or, "the music has stopped"

https://youtu.be/UOYi4NzxlhE

[kompir]

^ Pretty much on the money.

[Carlin]

CDS prices:

https://mobile.twitter.com/Schuldensuehner/status/1576662935882985473

[Carlin]

BREAKING: US Banks Collapsing - Silvergate has shutdown and SVB in meltdown.

Californian lenders used by major Silicon Valley companies are facing significant problems.

https://www.cnbc.com/2023/03/10/silicon-valley-investors-and-founders-express-shock-at-svb-collapse.html

[kompir]

SVB is toast:

https://www.news.com.au/finance/business/banking/silicon-valley-bank-one-of-us-biggest-banks-collapse/news-story/42ceb8f9d684b64cece05c98bb312c11

I wasn't aware of Silvergate and its woes. But here 'tis

https://www.cnbc.com/2023/03/08/silvergate-shutting-down-operations-and-liquidating-bank.html

[Carlin]

SVB is toast:

https://www.news.com.au/finance/business/banking/silicon-valley-bank-one-of-us-biggest-banks-collapse/news-story/42ceb8f9d684b64cece05c98bb312c11

I wasn't aware of Silvergate and its woes. But here 'tis

https://www.cnbc.com/2023/03/08/silv...ting-bank.html

First Republic Bank: stock was down as much as 50% today but has since recovered a bit

PS: Police are responding to a "disturbance" at Silicon Valley Bank’s NYC branch because people can’t get their money out

https://twitter.com/or_fade/status/1634320980469518337

[kompir]

Ackman might be on the money:

https://twitter.com/BillAckman/status/1634662286844411904?cxt=HHwWgIC28Yysvq8tAAAA

[Carlin]

Ackman might be on the money:

https://twitter.com/BillAckman/statu...C28Yysvq8tAAAA

JUST IN - Trading halted for multiple U.S. bank stocks at market open

[Carlin]

Credit Suisse stock plunges to all-time low. Down 96.7% from all-time high. Credit spreads blowing up and Saudi National Bank says they won’t assist anymore.

[Carlin]

SVB execs sold $84 million in stock over the past 2 years.

The CEO Greg Becker sold nearly $30 million of stock over the past two years.

[Risto the Great]

It’s all (inevitably) unravelling.