Credit Suisse Goes Under

Let's talk Economics!

I've been in Finance for ten years now, and although Lehman went under in 2008 while I was in college, it is surreal to see a top competitor go under.

Credit Suisse stock has been falling gradually since January 2018, with consistent quartely losses and scandals, consumers lost faith in the brand. CS reported a loss of $8 Billion in 2022 and $1.6 in 2021…