Dismal's Smacks

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📈 Macroeconomics

Credit Suisse posted $4 billion loss in second quarter, Sonntagszeitung reports, which cited insiders at the bank.

Source: https://www.reuters.com/business/finance/credit-suisse-posted-4-billion-loss-2q-sonntagszeitung-2023-08-27/

Other Coverage:

https://www.theglobeandmail.com/business/article-credit-suisse-posted-us4-billion-loss-in-second-quarter-media-reports/

https://ca.sports.yahoo.com/news/credit-suisse-posted-4-billion-120917398.html

TLDRS:

Credit Suisse supposedly posted $4 billion loss in second quarter.
Those Archegos bags getting heavy?

r/Superstonk - Credit Suisse posted $4 billion loss in second quarter, Sonntagszeitung reports, which cited insiders at the bank.

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