18th largest bank in the US.
Credit Suisse has fallen from the 9th largest bank in the world to below the top 50. The money from the Fed,US treasury,and IMF only purchased a few months of liquidity. It is still suffering more losses not just in depositors but held assets(article is from today 3/10/2023).
and yes US banks are still borrowing 2.2+ Trillion every day.
This should give you an idea of how healthy US banks are.
ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
Credit Suisse has fallen from the 9th largest bank in the world to below the top 50. The money from the Fed,US treasury,and IMF only purchased a few months of liquidity. It is still suffering more losses not just in depositors but held assets(article is from today 3/10/2023).
Credit Suisse shares hit new all-time low as banks hit by U.S. fallout
Credit Suisse shares hit a new all-time low in early trading on Friday as the European banking sector suffered the fallout from a sharp sell-off in U.S. financial stocks.
www.reuters.com
and yes US banks are still borrowing 2.2+ Trillion every day.
Reverse Repo Operations - FEDERAL RESERVE BANK of NEW YORK
www.newyorkfed.org
This should give you an idea of how healthy US banks are.
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