Credit Suisse logged asset outflows of more than $68 billion during first-quarter collapse

The stricken Swiss lender posted a one-off 12.43 billion Swiss franc profit for the first quarter of 2023, due to the controversial write-off of 15 billion Swiss francs of AT1 bonds by the Swiss regulator as part of its emergency takeover by domestic rival UBS.

source https://www.cnbc.com/2023/04/24/credit-suisse-earnings-q1-2023.html

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Jeffrey Gundlach says all the 'Goldilocks' talk makes him nervous, thinks recession is still likely

DoubleLine Capital CEO Jeffrey Gundlach believes the Federal Reserve poured cold water on hopes for a "Goldilocks" scenario benefiting risk assets. source https://www.cnbc.com/2024/01/31/gundlach-says-goldilocks-talk-makes-him-nervous-sees-likely-recession.html

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