Thank goodness the US has strong regulation to rein in the bankasinos!
Oh, wait….
(I know Trump made things worse, but Dodd-Frank was weak tea to begin with, and the repeal of Glass-Steagal was a bipartisan effort, with its final end being signed into law by Bill Clinton).
Erse IS better about 1 year ago
It’s probably going to be okay, though not great. Probably.
Will? about 1 year ago
I’d better close my account at Domino Global Bank while I can!
knutdl about 1 year ago
The domino effect.
mourdac Premium Member about 1 year ago
Credit Suisse was bailed out by the Swiss government but it’s not related to U.S. bank failures. Bad coincidence, though.
Jack7528 about 1 year ago
Hope not!
Cerabooge about 1 year ago
Thank goodness the US has strong regulation to rein in the bankasinos!
Oh, wait….
(I know Trump made things worse, but Dodd-Frank was weak tea to begin with, and the repeal of Glass-Steagal was a bipartisan effort, with its final end being signed into law by Bill Clinton).
Radish the wordsmith about 1 year ago
Not just here, trouble with Swiss banks too.
martens about 1 year ago
The markets seem to settling down a bit today. Credit Swiss is recovering, based on the Swiss National Bank’s guarantees.
ferddo about 1 year ago
Related news: “Mattress Sales Spike as People Turn to Home – Banking”.
moosemin about 1 year ago
One of those buildings might just be Crimson Permanent Assurance!
AtomicForce91 Premium Member about 1 year ago
Considering that it was a problem with how a bank invested, I think we will be fine.