Live Breaking News & Updates on Industry Whip Round|Page 2

For credit suisse clients, but also that we keep the reputation of the swiss financial centre high. and finally it means we are stemming the turmoil in the international financial markets. these three goals are very, very important to us. we are building a big ubs with less risk appetite. credit suisse has been struggling with a series of challenges for a long time but why did it fall into such a deep crisis so quickly? here s our business editor simonjack. credit suisse became the biggest and most important casualty of a situation that has already seen the failure of two mid size us banks, silicon valley and signature bank, and an emergency 30 billion industry whip round for another, first republic bank? the main reason behind it all is this global interest rates, these are us interest rates, after many years have been close to zero, you can see there, have rocketed, as countries have tried to bring down inflation, caused mainly by higher energy prices, as russian energy ....

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