Credit Suisse’s Downfall: A Timeline of Turmoil and Transformation

Last week the shares of Credit Suisse fell to an all-time low, causing the Swiss National Bank to step in with a liquidity lifeline of up to 50 billion Swiss francs ($54 billion). This marked the first major bank intervention since the 2008 global financial crisis. The bank’s shares have nosedived nearly 98% since their peak in April 2007, while credit default swaps, insuring bondholders against defaults, reached record highs.

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Trade CFDs on micro BTC/USD

We would like to present to your attention the newest instrument in our portfolio – microbitcoin. It is at 1/100 of the value of bitcoin and is suitable for traders who would like to trade in the most popular cryptocurrency, but do not have sufficient capital. 

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