Time to sell your Credit Suisse quick smartThis Silicon Valley Bank situation is also typical in that top executives sold millions of dollars of their shares in the weeks leading up to the default, and they also paid out their bonuses last Friday morning, hours before the government shut the bank down.
three-way doom loop is surely some occult business![]()
Credit Suisse slump leads Europe bank rout as SVB fallout grows
Credit Suisse shares hit a record low on Wednesday in a rout of European bank stocks, as investor concerns about sector stresses triggered by Silicon Valley Bank's implosion deepened.www.reuters.com
That does sound like rather a lot