Credit Suisse shares fell five percent to an all-time low in early trading and in Europe on Tuesday after the bank confirmed material weaknesses and an $8billion loss in 2022, just hours after a financial expert claimed it would be the next institution to fall following SVB, Your Content has learned.
Robert Kiyosaki claimed yesterday that Credit Suisse would be ‘next’ to fold.
Kiyosaki is a metals investor who predicted the 2008 Lehman Bros crash.
Today, Credit Suisse reported an $8billion loss in 2022 and ‘material weakness,‘according to INDEPENDENT.
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