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Credit Suisse, UK Pension Crisis / News of the Money-World #49

NZ Everyday Investor

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Credit Suisse - What's the Story?

Last week, Credit Suisse announced that they would be holding a strategic review in the coming weeks. The market all of a sudden, kind of interpreted this as something's going on and potentially there is trouble. In all honesty, it was a bit of a storm in a tea cup. European banks have never understood how to do risk management,. And so that's why they're continually undone.

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