Cankles-McJeggings Think I have something similar in the Skipton Building society in one of those little passport sized books. I remember going in as a kid and they used to print the deposits and withdrawals on it

I still have the little book with stamps. Last entry was a out 1987 from memory. Looked at it last time I was back. Wonder if it’s still mine haha.

Smallman1 “Credit Suisse has appealed to the Swiss National Bank for a public show of support after its shares cratered as much as 30% this morning, the Financial Times reports.”

Please help us….pretty please!

    SNB to bail them out “if” required

    Printer in overdrive

    Smallman1 Love how governments are coming out saying not to panic….just like old times, this is absolutely the time to take action in whatever way reduces your risk or exposure

    Massive BERN for the Swiss from Hursty there.

    Some bankers will be on the Neuchatel XAMAX right now

    Time to top up the monthly pension payments!

    The fact that the Swiss are in trouble is a massive red flag.

    OLB’s back!

    Basically the whole thing is a criminal raclette

    ECB raise rates by 50BPS, CS share price immediately tanking again

    Very strange decision considering the week so far, popcorn at the ready!

      Any banks failing because of base rate increases have most likely done a shit job at diversifying their risk.

        Morty-C-137 This is very true, they should at least hedged against rises a bit, SVB didn’t do anything of the sort, their Chief Risk Officer too busy with ‘other’ matters lol

        Morty-C-137 I would rather they didn’t create the inflation in the first place, but looking at how serious the issues are within the banking sector, then perhaps a pivot would have been expected, much like what the markets are pricing in for the US & UK central banks

        Swap rates are falling, can’t come soon enough, I’ve got a mortgage to renew in May

          For all you financial whizzes, is it time for me to stash more of my money under the mattress, or perhaps take advantage of some of those lucrative cash opportunities that I keep getting emails about?

            Hursty I would rather they didn’t create the inflation in the first place

            Can’t argue with that. But it’s about the only blunt tool they have to either get the economy going or slow inflation down. Not that low rates is the only thing that will get an economy going. But as far as central banks go, that’s about all they have.

            whatever
            Buy as many NFTs as you can.

            Post the latest hot takes off’ve twitter.

            Use all the ‘knowledge’ you’ve gleaned off Reddit to post LOLs about shit you know very little about

            Wear sunscreen

            Morty-C-137 keeping rates where they are won’t lead to inflation (which was on its way down due to gas prices) - but having to inject trillions of liquidity to stave off another run on the global banking and lending system definitely will!

            Christine Lagarde is a daft slag.

              C_J Christine Lagarde is a daft slag.

              You’d prob still do her though.. right.

                Mad_Cyril ironically because Circle held funds in a traditional bank which collapsed…oh dear

                Native crypto is the way