Swiss National Bank Says it would backstop Credit Suisse
Switzerland’s central bank and financial regulator saidCredit Suisse Group AGwill receive a liquidity backstop if needed, in an effort to arrest the slump in confidence around the troubled lender.Bloomberg’s Sally…
Ava Lab’s Wu on SVB: This Is a Classic Bank Run
Ava Labs President John Wu discusses Silicon Valley Bank’s shares sinking 60% on Thursday, the reason’s behind the fall and his exposure to the bank. He speaks on Bloomberg Technology….