Credit Suisse’s Final Days: The Race to Avert a New Banking Crisis

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  • Опубліковано 19 лис 2024

КОМЕНТАРІ • 51

  • @willbeukes3029
    @willbeukes3029 Рік тому +8

    Accountability ! Jail those mediocre executives that were responsible for this chaos. GRED, GREED, GREED....

  • @bosco4533
    @bosco4533 Рік тому +18

    Schadenfreude at it's purest. I want to hope that the people at the heart of it will be jailed, but lets face it, they won't.

    • @minnermin
      @minnermin Рік тому

      I use this word often very few know it's meaning

    • @investincornerstoneproperties
      @investincornerstoneproperties Рік тому

      SJs can never go to jail. Not even in your wildest dreams. Keep dreaming if that makes you feel better.

    • @maricel4083
      @maricel4083 Рік тому

      Alredy detb bank is die.
      So let the mny country how they play. Stop printed the dollar. So mny project using dollar and not all is finished to build payment and everything. We will see how they manage this all. So just sit America and observe

    • @tjakkobosma5872
      @tjakkobosma5872 Рік тому +3

      If you mean fraud I don’t see where, they just collapsed that does not mean fraud

  • @mxvega1097
    @mxvega1097 Рік тому +4

    As a GSIFI, why did CS not have a living will? Why did the Swiss regulator not press them for a break the glass plan last quarter? The bank was basically dead already. Why did the Swiss regulator upend the rule of law to deny shareholders in CS and UBS a vote on the disposition of their own assets? Why did they invert seniority on the AT1s? Why did they address a problem of TBTF by creating and EVEN BIGGER bank in a small jurisdiction without the firepower to resolve it? C'mon Bloomie, there's a bigger story here.

    • @thuankhong
      @thuankhong 3 місяці тому

      .All these actions turned the world against Swiss banks.

  • @lovette7684
    @lovette7684 Рік тому +2

    What was the point of bringing up Tidjane Thiam if the spying scandal had nothing to do with the bank failure?

  • @alexbroere2669
    @alexbroere2669 Рік тому +2

    A bank should return to its roots of just focusing on banking not investments. Leave that for another company. EU should enforce this.

  • @randylochtefeld2806
    @randylochtefeld2806 6 місяців тому +1

    Tick, tick, tick, tick, time is running on UBS.

  • @MooseMeus
    @MooseMeus Рік тому +2

    banks are ridiculously irresponsible with your money. just gamble with it yourself. youll learn

  • @clydecmcelroy4638
    @clydecmcelroy4638 Рік тому +11

    The term Swiss bank no longer a trusted term.

  • @baddbeliever
    @baddbeliever Рік тому +1

    i still don't get why this can't be opened up and made part of the global system... everything else has. like all industries that were set up in the new industrial era are now replicated for success in an open format. why not american and canadian conglomerates that make a consortium, buy it up, learn the trade, and join in the business of specialty finance??? bmw bought land rover to get the X5 4X4 made and many components still resemble each other underneath. i'm not saying the consortium would fail or throw it out after they learn. i'm saying, maybe another bank may buy it later on. the victorian era is dead. we are in a deuxieme elizabethan era and will be for a century...believe me. nothing is in drastic change. it all looks like graded stages to leveling into a new era.

  • @dancullen177
    @dancullen177 Рік тому +1

    There’s no fending it of we’re in it already

  • @joeblack4436
    @joeblack4436 Рік тому +2

    Talking about market cap after talking about debt going to zero worth and shares going to zero worth... Hmm... The amount paid seems quite generous in that light.

  • @bayjrid0110
    @bayjrid0110 Рік тому +1

    Those five words were taken hugely out of context.

  • @a.k.1351
    @a.k.1351 Рік тому +5

    Why do people distrust the media? Because full sentences are cut to five words and context is removed. That is why I can’t take a single article seriously anymore. You don’t deserve neither my trust, nor my time.

  • @timehathtcg
    @timehathtcg Рік тому

    wow was that... really all it took

  • @Stas1Stas-xh4fd
    @Stas1Stas-xh4fd Рік тому

    in the end, it is quite likely that the UBs will give up on this hill and that it was only a temporary reason for internal help for reasons as logical as possible, namely that those at the top are beginning to realize that it is even more risky to save an even bigger bank in case of another possible crisis....

  • @노다지-z5f
    @노다지-z5f Рік тому

    # We who have condemned socialism - governments support insolvent banks and corporations?

  • @fujimatosa
    @fujimatosa Рік тому +3

    Can smb explain me please how it is possible, that equity holder received 50%, and bond holder nothing? Usually, the bond holder is alway stand before the share holder in bunkrupt proccess. How it is possible? It should decrease the trust from investors to bank bond in the future

    • @fujimatosa
      @fujimatosa Рік тому

      @@coastofkonkan
      What does it mean?

    • @lonyo5377
      @lonyo5377 Рік тому +4

      They were a bad bond investment with a clause that they could be written down to nothing. The name of the bond literately had write down in it. They were called Tier 1 contingent write down capital notes. That's what these bond holders bought. Then they got written down.

    • @fujimatosa
      @fujimatosa Рік тому +2

      @@lonyo5377
      Oh, then it is ok, if it all mentioned in prospectus. Thank you very much

    • @patrickwong6647
      @patrickwong6647 Рік тому

      No not factual. It's agree to be written down IF the bank is wind up . As this case it was take over . So your comment is not true ?

    • @patrickwong6647
      @patrickwong6647 Рік тому

      And the priority of giving back to Bond first NOT shareholders is NOT follow

  • @marubasilaen5543
    @marubasilaen5543 Рік тому

    PENGARUH KEBIJAKAN HUTANG TERHADAP PERUBAHAN AKTIVA & EKUITAS

  • @iamfinky
    @iamfinky Рік тому +1

    @bloomberg: Next time you make one of these, can you check the lighting with a light meter? Alex is looking a wee bit washed out and I'm sure he doesn't look like that in real life. Thanks1

  • @tylercarriere3622
    @tylercarriere3622 Рік тому +1

    Remember. Your never too big to fail. Even Goliath can fall.

  • @JD-lt7uv
    @JD-lt7uv Рік тому

    How do Singapore parents raise children without TikTok??? Who plays with their kids? 😮

  • @DgurlSunshine
    @DgurlSunshine Рік тому

    REPO MAN

  • @prettypurple7175
    @prettypurple7175 Рік тому +3

    2008 2.0/////

  • @marubasilaen5543
    @marubasilaen5543 Рік тому

    BLACK FRIDAY

  • @crishhari5903
    @crishhari5903 Рік тому

    Human rights champions banking sector is proped up by Saudi's. 😅

  • @ghost144_
    @ghost144_ Рік тому +3

    Lool 😂

  • @bluesunproductions9079
    @bluesunproductions9079 Рік тому +2

    Bank deposits are liabilities to a bank not assets as Bloomberg just stated in this video. Please learn basic things before you present your news clip, as you provide information to the public

    • @ProfAzimov
      @ProfAzimov Рік тому

      Yeah, but when the deposits are pulled out, you have to take out assets and liabilities.

  • @dollarisinsanicus
    @dollarisinsanicus Рік тому

    schluchtis abgewatcht !!