Washington Examiner

SVB collapse: Shares of Credit Suisse hit new all time low in morning trading

SCredit Suisse hares fell by 5% Tuesday morning. This was a record-breaking low following the collapse of Silicon Valley Bank.

Swiss lender, Bank of Switzerland, announced that it had “material weakness” Its financial reporting for 2021-2022 was inaccurate, causing shares to fall in morning trading.

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