CREDIT SUISSE IS EXAMINING WAYS TO ACCELERATE COST CUTS AS REVENUE OUTLOOK DETERIORATES, LIKELY TO INCLUDE MORE JOBS THAN PREVIOUSLY ANNOUNCED FOR FIRST WAVE – SOURCES. $CS
— FinancialJuice Stocks (@FJ_Stocks) December 1, 2022
Meanwhile credit suisse… pic.twitter.com/AXJEFn07Am
— Alessio (@AlessioTMAD) December 1, 2022
Seeing the Credit Suisse rumors. Reminds me of Bear Stearns early March cascade and demise. “Strong liquidity” https://t.co/Ca4CaHY7lC
Is CS still top 4-5 in market share in prime brokerage? Are FI clients jumping ship? pic.twitter.com/njSA0Z2sYJ
— ACLLC (@acllc2) October 1, 2022
On March 12, 2008, Reuters reported: "Bear Stearns CEO Says Liquidity Strong"
Three days later, BS collapsed.
Fast forward to September 30, 2022, per Reuters: Credit Suisse has strong capital base and liquidity🤔
CS credit default swaps are gapping to new highs, be cautious. pic.twitter.com/cEqrG53NWc
— Finance News (@FinanceNewsYT) October 4, 2022
Bear Stearns CEO in Reuters 2008
Credit Suisse CEO in Reuters 2022
Can't make this stuff up. Let's hope for a better outcome this go around. pic.twitter.com/4RlLKbE2MY
— Katch (@jkatcher74) October 1, 2022
https://twitter.com/_DefundTheSEC/status/1590434871406891008