Bank Failures Explained: Questions, Answers and How CRE Fits In
QUESTION FOURTEEN
What about Credit Suisse? Is Europe’s banking system in a crisis?
ANSWER
No, definitely not.
Credit Suisse should not be seen as a domino falling in reaction to what has happened in the U.S., nor should it be viewed as a suggestion that a systemic sequence of failures is expected. For contextual background, Credit Suisse has been plagued by a series of scandals and financial losses unique to its own history.
Read more about our views on Europe’s banks here.
Bank Failures Explained - Questions, Answers and How CRE Fits In
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