Credit Suisse, Switzerland's second-largest bank, seems to be going under after the collapse of U.S. Silicon Valley Bank (https://t.me/rtdocumentary_new/1351), Signature Bank (https://t.me/rtdocumentary_new/1351) and Silvergate Capital. Shares in embattled bank have plummeted amid a growing Western crisis. And Credit Suisse hurried to announce it would borrow $53.7 billion from the country's central bank, to reassure investors it has enough money to stay afloat. It’s the first major global bank to be thrown an emergency lifeline since the 2008 financial crisis – Reuters reports.
And this photo isn’t an accident. It features Credit Suisse’s senior director - Philip Bunce. The man, married with two grow-up children, typically spends half his time as Philip and half as his female alter ego, Pippa. Do you believe the bank will recover with such people at the helm?
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