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Global markets tumble as Credit Suisse acknowledges signs of instability

PBS NewsHour - Segments

English - March 15, 2023 22:55 - 6 minutes - 11.9 MB - ★★★★ - 967 ratings
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Trouble at a major European bank injected fresh fear into global financial markets. Shares in Credit Suisse plunged after its largest lender ruled out a rescue. That touched off a broader sell-off a day after Wall Street appeared to weather the collapse of two U.S. banks. Peter Conti-Brown joined William Brangham and discussed the turmoil and what it means for the banking sector. PBS NewsHour is supported by - https://www.pbs.org/newshour/about/funders