11:53 AM · 13 March 2023

BREAKING: Credit Suisse CDSs reach historic highs! The shares are losing more than 11%!

Credit Suisse (CSGN.CH) shares are losing more than 11% during today's session on a wave of panic surrounding the financial sector. The gloomy sentiment is pulling the bank's CDS (Credit Default Swaps) to historic highs.

Source: Bloomberg

Credit Suisse (CSGN.CHa) share price. D1 interval. Source: xStation 5

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Losses can exceed deposits

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