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Paradeplatz in Zurich (Image: Keystone)
Tuesday, 25 May 2021 06:09
The Danger of Too Much Credit Suisse Schadenfreude );}
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Credit Suisse and UBS are the two most important players in Swiss finance. But the longer Credit Suisse is absorbed its own problems, the more it damages the industry.
Schadenfreude over Credit Suisse is in full gear. The losses prompted by Greensill Capital and Archegos in the last few months have prompted significant capital inflows to other Swiss private banks, the head of a 200-year-old institute in Zurich told
finews.com.
«It is not our style to talk about it much», he says with a certain discretion, while confirming that 2021 could be the best year in the history of the bank provided «a market crash doesn t ruin everything.»
This is the first time Ariane de Rothschild elaborates on the financial institution s plans following the sudden death of her husband and partner, Benjamin de Rothschild.
Poslední účet Petra Kellnera. Dědictví za 385 miliard korun forbes.cz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.cz Daily Mail and Mail on Sunday newspapers.