Silicon Valley Bank Collapses, Seized by Regulators

Credit Suisse down 18% today, has traded below 2. The stock is down 98% from its highs in 2000 and 2007.

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One year credit default swaps on Credit Suisse now at record of 875 basis points, 18 times higher than largest Swiss bank UBS.


All the big banks are selling off, European banks hardest hit.

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