Another bank could be on the brink of collapse
The Financial Exchange Show - Podcast autorstwa The Financial Exchange Network
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Chuck Zodda and Brendan Hayes wonder if Credit Suisse can survive much longer as the bank tries to win back confidence as the stock slumps. Retail sales fell 0.4% last month as Americans spent less at auto dealers and restaurants. The collapse of SVB threatens to further besmirch the reputation of Jerome Powell. West Texas Intermediate crude fell below $70 per barrel for the first time since late 2021.