The Fall of Credit Suisse & The Future for Banks

Earn Your Leisure

EYL Network

Education, Entrepreneurship, News, Business News, Investing, Careers, Business

4.8 • 7.8K Ratings

🗓️ 27 March 2023

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this clip we discuss the recent banking colapse, Credit Suisse has fallen and UBS, their rival purchased them for 3.2 billion.

#earnyourleisure #creditsuisse #usb

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Transcript

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0:08.6	card makes you the hero of every purchase.
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0:17.9	No fighting bad guys, getting an epic card chases, or parachuting out of buildings required.
0:23.1	Simple isn't it?
0:24.3	Capital One Quick Silver card.
0:26.3	What's in your wallet?
0:27.8	On supply, see Capital One dot com for details.
0:32.1	Let's talk about this banking crisis.
0:34.3	Let's take a step by step.
0:35.5	Another one.
0:36.5	The latest one, UBS acquires credit Swiss for $3.2 billion.
0:44.0	So this is interesting, actually, both to this on IG where they were actually rivals.
0:50.2	Yes.
0:51.2	Number one in number two, which is one.
0:52.9	They were rivals for a while.
0:54.5	It's like bad boy, by death row in 98 or 97.
0:58.4	Yeah, yeah, very comparable.
1:00.4	Yep.
1:01.4	Yeah, so yeah, credit Swiss found some trouble over the last week or two.
	...

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