Credit Suisse’s Buyout Shows Banks Still Have a Banking Problem
Bitcoin and crypto aren't unraveling the banks.
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Mar 20, 2023 at 3:44 p.m. UTC
Mar 20, 2023
credit suisse
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This Crisis Will Define the Future of Money
The recent collapse of three high-profile banks - Silicon Valley Bank, Silvergate Bank and Signature Bank - has caused worrying outflows at hundreds of regional banks. Now, with the U.S. Federal Reserve creating a new backstop facility reportedly worth $2 trillion, the echoes of crises in 2008 and 2013 are loud.
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Mar 17, 2023 at 6:11 p.m. UTC
Mar 17, 2023
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Bitcoin Is a Clear Winner of the U.S. Banking Crisis
The narratives around bank failures, stablecoins and interest rate hikes seem strong enough to propel the price of bitcoin, says CoinDesk's George Kaloudis.
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Mar 17, 2023 at 3:26 p.m. UTC
Mar 17, 2023
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Bitcoin Holds Steady Above $24.5K as European Banking Crisis Eases
BTC has remained in a range between $24,200 and $25,200 over the past 24 hours. Investors are hoping the Federal Reserve relaxes its recent monetary hawkishness.
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Mar 16, 2023 at 7:58 p.m. UTC
Mar 16, 2023
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Bitcoin Slides Below $24.5K as European Banking Woes Spook Investors
BTC dropped as low as $23,946 Wednesday midday before pulling back above the $24,000 mark.
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Mar 15, 2023 at 9:51 p.m. UTC
Mar 15, 2023
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Is Credit Suisse the Next Banking Domino?
The Swiss bank hit an all-time low in its stock price when its biggest shareholder said it wouldn’t invest more.
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Mar 15, 2023 at 8:00 p.m. UTC
Mar 15, 2023
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Is Credit Suisse a Canary in the Financial Industry Coal Mine?
Though recent flubs dominate headlines, the Swiss giant’s real mistake may have been trying to compete with Wall Street in the first place.
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Oct 28, 2022 at 4:52 p.m. UTC
Oct 28, 2022
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Crypto Update | What Credit Suisse and Three Arrows Capital Have in Common
With bitcoin remaining steady at $19,500 despite bearish news and economic uncertainty as U.S. stock futures surge, plus a look at what we can learn from some of the worst banks in the world, CoinDesk’s “Markets Daily” is back with the latest news roundup.
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Oct 18, 2022 at 3:29 p.m. UTC
Oct 18, 2022
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What Credit Suisse and Three Arrows Capital Have in Common
One of the world’s most embarrassingly bad banks is tanking – and some of its biggest missteps will look all too familiar to crypto financiers.
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Oct 12, 2022 at 4:05 p.m. UTC
Oct 12, 2022
Credit Suisse Held $31M in ‘Digital Assets’ for Clients Last Quarter
The Swiss bank disclosed its custody of what are more likely tokenized securities than cryptocurrencies in keeping with SEC accounting guidance.
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Aug 31, 2022 at 5:36 p.m. UTC
Aug 31, 2022