Former NEC director Gary Cohn on global banking system and U.S. economy
Washington Post Live
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Credit Suisse's Failure Caused Headaches in Europe
Silicon Valley bank's failure was felt all the way across the Atlantic Ocean in Europe. Credit Suisse had to be acquired by its national rival UBS. There wasn't any obvious link between this regional institution in California and a Swiss banking giant that traced its heritage to 1856.
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