March 16, 2023
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6:02Now PlayingOne of the largest banks in Europe disclosed problems in its financial reporting, saying it would tap a $54 billion loan from Switzerland’s central bank. Credit Suisse is the first major global bank to be given this type of lifeline since the 2008 recession, and it’s raising fears in the wake of the collapse of Silicon Valley Bank and Signature Bank. William Lee, a chief economist at the Milken Institute, and Jeff Ransdell, a co-founder and managing director at Fuel Venture Capital, joined a panel of experts on "NewsNation Live" to analyze the government's push to avoid a global economic crisis.
#BankCollapses #EconomicCrisis #SVB
Get a fast-paced look at the latest from the border to Main Street to the White House on "NewsNation Live with Marni Hughes." Weekdays starting at 10a/9C.#NewsNationLive
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