A year after the near-collapse of Credit Suisse, European banks have been experiencing a bumpy recovery. The incident had initially sent European bank shares tumbling and the cost of insuring against default soaring. In the aftermath, Europe's private credit funds have increasingly borrowed from banks to boost their performance, raising concerns about the interconnected risks this poses. Additionally, UBS's rescue takeover of Credit Suisse has introduced new risks and challenges for the Swiss economy, according to the OECD. The organization also highlighted that the Swiss National Bank's large balance sheet presents further risks and challenges that need careful navigation.
The Swiss National Bank’s large balance sheet “raises risks and challenges” that officials should take care to navigate, the OECD says https://t.co/mdM5IHTFOT
The Swiss National Bank’s large balance sheet “raises risks and challenges” that officials should take care to navigate, the OECD says https://t.co/R64y96Ilhf
SNB’s balance sheet is just too big for comfort, OECD warns https://t.co/BaalHwBCrj via @bbenrath https://t.co/izbfD0Suv6
OECD: UBS Takeover Of Credit Suisse Has Created New Risks For Swiss Economy - Swiss Economy Should Be Able To Absorb Job Losses Arising From Takeover
⚠️ UBS'S RESCUE OF CREDIT SUISSE HAS CREATED NEW RISKS FOR SWITZERLAND, OECD SAYS Full Story → https://t.co/j01z1K43Ij UBS's rescue takeover of Credit Suisse a year ago has created "new risks and challenges" for the Swiss economy, the Organisation for Economic Cooperation and… https://t.co/iHgEOKpYBb
Private credit ties to banks deepen in Europe as default risk rises https://t.co/NNJObwEMQv https://t.co/NTRVEQ91qt
Europe's private credit funds are increasingly borrowing from banks to boost their performance, fueling concerns about the wider risks posed by this interconnectedness https://t.co/hVMsBPp1dS
Europe's private credit funds are increasingly borrowing from banks to boost their performance, fueling concerns about the wider risks posed by this interconnectedness. More here: https://t.co/O5f0zeykOh
Focus: Private credit ties to banks deepen in Europe as default risk rises https://t.co/vlsww8SJin https://t.co/kJWRfjCnhz
⚠️ PRIVATE CREDIT TIES TO BANKS DEEPEN IN EUROPE AS DEFAULT RISK RISES Full Story → https://t.co/R5vQipcmpN Europe's private credit funds are increasingly borrowing from banks to boost their performance, fuelling concerns about the wider risks posed by this… https://t.co/3jxOfuF6Y0
A year ago, Credit Suisse was teetering on the brink of collapse, a scare that sent European bank shares tumbling and the cost of insuring against default soaring. Here are graphics charting the road to recovery, as well as some potential pitfalls ahead https://t.co/NlzyqpGkLO
European banks' bumpy recovery a year after Credit Suisse collapse https://t.co/b6LQq1Lgz1 https://t.co/Vi4oy4gdGQ
⚠️ EUROPEAN BANKS' BUMPY RECOVERY A YEAR AFTER CREDIT SUISSE COLLAPSE Full Story → https://t.co/VsGSRy1pzB A year ago Credit Suisse was teetering on the brink of collapse, a scare that sent European bank shares tumbling and the cost of insuring against default soaring. https://t.co/za0hVcjr92