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Ep 561: Troubled banks

Sensemaker

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Credit Suisse Bankruptcy - What Can Be Done to Stabilize Financial Markets?

European markets have closed down more than 3%, spooked by a major sell-off of shares in the Swiss banking giant Credit Suisse. Comes days after the collapse of the US-based Silicon Valley bank, prompting fears of a full-blown crisis in the sector. Confidence is king when it comes to banking and financial markets. And once it's gone, it can lead to disaster.

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