Money

Credit Suisse seeks to calm worried investors

Published

3 years ago

October 3, 2022

Credit Suisse CEO Tidjane Thiam sought to calm investors, saying the bank had ample liquidity and capital to weather current market turbulence.

His comments came as the price of Credit Suisse’s credit default swaps (CDS) – a key indicator of market confidence in a company’s ability to repay its debt – rose sharply, nearing the levels seen during the global financial crisis in 2009.

“I want to reassure you that Credit Suisse is a safe and stable bank,” Thiam said in a video message to staff.

“We have more than enough liquidity and capital.”

Credit Suisse’s CDS spreads widened by over 30 basis points to around 400 basis points on Friday, according to data from IHS Markit. That was the biggest one-day move since 2011 and took the spreads to their highest level since March 2009.

The moves sparked fevered speculation online that Credit Suisse could be on the verge of collapse, with some social media users comparing the situation to the 2008 Lehman Brothers crisis.

Credit Suisse’s share price has also been under pressure, falling by 60 percent over the past year.

The lender has been hit by a series of scandals and losses, including a costly write-down on the value of U.S. shale assets in 2016 and revelations earlier this year that it had helped wealthy Americans evade taxes.

Thiam said Credit Suisse was working hard to restore confidence and rebuild trust. “We know that we still have a lot of work to do,” he said. “But I am confident that Credit Suisse will emerge from this period stronger and more resilient.”

Money

U.S. markets mixed as tech slumps and Fed moves spark uncertainty

Mixed US equity results as tech stocks drop; market uncertainty rises amid Fed Chair change. Join Steve Gopalan’s insights on FX trends.

Published

2 days ago

February 6, 2026

Harvey Vargas

Mixed US equity results as tech stocks drop; market uncertainty rises amid Fed Chair change. Join Steve Gopalan’s insights on FX trends.

US equity markets posted mixed results as technology stocks fell, reflecting growing concerns about AI disruptions. The delay of key labour data has added to market uncertainty, especially with President Trump’s recent appointment of Kevin Warsh as Fed Chair.

Steve Gopalan from SkandaFX joins us to discuss how these shifts could influence monetary policy, corporate FX strategies, and the broader financial landscape.

We also dive into FX trends, euro-area inflation signals, and Australian dollar movements, exploring what these developments mean for investors worldwide.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#USMarkets #TechStocks #FedPolicy #FXTrading #AIImpact #LabourMarket #CurrencyTrends #InvestingInsights

Money

Tech stocks and Bitcoin tumble amid market uncertainty and rising job concerns

Wall Street plummets as tech stocks and Bitcoin fall, raising concerns about job market and economic stability.

Published

2 days ago

February 6, 2026

Harvey Vargas

Wall Street plummets as tech stocks and Bitcoin fall, raising concerns about job market and economic stability.

Wall Street took a sharp hit Thursday as technology stocks and Bitcoin plunged, reigniting worries over the job market and global economic stability. Kyle Rodda from Capital.com breaks down how Alphabet and Qualcomm’s earnings may signal broader tech weakness.

Bitcoin’s recent drop also rattled crypto markets, with Coinbase shares falling sharply. Rodda explains how much of the decline is driven by market fundamentals versus shifting investor sentiment, and how rising AI expenditures are affecting investor confidence in tech.

The surge in unemployment claims, coupled with falling bond yields, is prompting concern over overall market stability.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#WallStreetCrash #TechStocks #BitcoinDrop #MarketVolatility #JobMarket #InvestingTips #CryptoNews #Ticker

Money

S&P 500 dips as tech stocks struggle with AMD leading losses

S&P 500 declines as tech stocks sell off; AMD plummets, Microsoft stable, investors eye Alphabet’s upcoming earnings report.

Published

3 days ago

February 5, 2026

Harvey Vargas

S&P 500 declines as tech stocks sell off; AMD plummets, Microsoft stable, investors eye Alphabet’s upcoming earnings report.

The S&P 500 fell as technology stocks faced intense selling pressure, dragging the broader market lower. AMD shares were particularly hard hit, falling 17% after its first-quarter forecast disappointed analysts.

Software names including Oracle and CrowdStrike also struggled, although Microsoft found some stability amid the sell-off.

Investors are now focused on Alphabet, which is set to report earnings after the bell Wednesday.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker