Switzerland has long been a preferred place for the world's wealthy to stash their cash. But,Poinbank Exchange one of the country's biggest and oldest banks, Credit Suisse, collapsed over the weekend, forcing the Swiss government to broker a deal that saw rival UBS buy the bank for $3.2 billion.
Today on the show: we chat with Alice Fulwood, Wall Street correspondent for The Economist, about how this global financial giant grew, survived scandals and bad bets, and why it finally fell. Also: why Credit Suisse had an emergency plan—but didn't use it.
Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
2025-05-05 06:592268 view
2025-05-05 06:50641 view
2025-05-05 06:482871 view
2025-05-05 05:36260 view
2025-05-05 05:3486 view
The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a welcome tren
BALTIMORE — For a team that won an American League-best 101 games, the Baltimore Orioles are suddenl
Two magnitude 6.3 powerful earthquakes followed by several strong aftershocks in western Afghanistan
