The Investopedia Express with Caleb Silver cover image

Looking at the Glass Half-Full as the Fed Meets on Rates

The Investopedia Express with Caleb Silver

CHAPTER

Bank Runs, Bank Failures and How Safe Is My Money

Maximus: Credit Suisse had its own problems before any of this banking business boiled over. The bank did not issue its 2022 annual report last week citing serious errors discovered on its books from 2021 and 2022. Shares plunged 23% last week and were halted for trading on Friday. Moody's, the credit rating agency, downgraded the entire US banking sector to negative.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner