Monday, July 15, 2024

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HomeVideoGlobal markets tumble as Credit Suisse acknowledges signs of instability

Global markets tumble as Credit Suisse acknowledges signs of instability

Trouble at a major European bank injected fresh fear into global financial markets. Shares in Credit Suisse plunged after its largest lender ruled out a rescue. That touched off a broader sell-off a day after Wall Street appeared to weather the collapse of two U.S. banks. Peter Conti-Brown joined William Brangham and discussed the turmoil and what it means for the banking sector.

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