Tag: Credit Suisse
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2023 Marks Toughest Year for Global Banking Sector Since 2008, Reveals FT Documentary
The financial landscape of 2023 has been marked as the most challenging for banks globally since the 2008 crisis, with incidents of panic and rapid bank failures reminiscent of the financial turmoil experienced over a decade ago. The narrative unfolds with the collapse of Silicon Valley Bank (SVB), a cornerstone for the tech sector in…