Switzerlands' Second Largest Bank Issues a Profit WARNING

Today we're looking at a PROFIT WARNING from Switzerlands' SECOND largest bank, which is the Credit Suisse.

They're saying, "Hey, we're in trouble.". Their profits are going down, and they had some big losses, which is a warning to investors that there are some rough times ahead.

We're going to take a look at what's currently happening with Credit Suisse, and what this means for you.

Timecodes
0:00 Video Overview
0:29 Intro
0:32 Credit Suisse Flags Q2 Loss
2:15 The Russia / Ukraine Invasion
3:05 Banks Balance Sheets Are Highly Leveraged
5:17 Real Effects of Interest Rates Going Up
7:46 Centrals Banks Don't Need Nuetral Interest Rates
10:21 Outro

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#CreditSuisse #Switzerland #ProfitWarning