IIFL Finance to raise Rs 2,000 crore through bonds; offers up to 9% yield per annum

India AI Impact Summit 2026: PM Modi to deliver inaugural address on February 19

Is X (Twitter) down? Messaging platform not working for thousands of users in India

Silver crashes by Rs 1.46 lakh in 18 days, gold Rs 22,041 off peak—Is this the best time to buy? MOFSL explains

Anthropic opens Bengaluru office, announces India partnerships

'Looking forward to visit Western Command of India Army': US Ambassador Gor on Chandigarh visit

Silver imports surge 129% in April–December on higher prices, volumes: Government Data

In talks with over 30 countries on technical and legal solutions for deepfakes: Union Minister Ashwini Vaishnaw

Gold imports push India’s trade deficit to $34.68 billion in January

Whirlpool launches 3D Cool Pro+ AC with 6th sense tech, claims cooling even at 56°C

In a special segment of Editor’s Take, Zee Managing Editor Anil Singhvi discussed the health of European banks, downfall of two big banks Credit Suisse and Deutsche Bank. He said the failure of these banks will be bad news for the global markets.
Singhvi said that the US could slip into recession for the first time if there is any failure. The failure of one, he said, would impact the others.
He, however, emphasised on the fact that Credit Suisse’s health is being questioned since four-five years now. The stock price has come down from $29-30 to $3-4 and the bank’s management is trying to recover losses. Taking share prices into account, he said that share prices don’t show the current situation or the past but the future of the company.
<blockquote><a href="https://twitter.com/hashtag/EditorsTake?src=hash&amp;ref_src=twsrc%5Etfw">#EditorsTake</a>
<a href="https://twitter.com/hashtag/CreditSuisse?src=hash&amp;ref_src=twsrc%5Etfw">#CreditSuisse</a>, <a href="https://twitter.com/hashtag/DeutscheBank?src=hash&amp;ref_src=twsrc%5Etfw">#DeutscheBank</a> में क्या हो रहा है?<a href="https://twitter.com/hashtag/Europe?src=hash&amp;ref_src=twsrc%5Etfw">#Europe</a> के बैंकों की बढ़ती मुसीबत, <a href="https://twitter.com/hashtag/America?src=hash&amp;ref_src=twsrc%5Etfw">#America</a> में मंदी के संकेत?
क्या अब बाजार में बनेगा बॉटम
जानिए <a href="https://twitter.com/hashtag/AnilSinghvi?src=hash&amp;ref_src=twsrc%5Etfw">#AnilSinghvi</a> से..
<a href="https://twitter.com/hashtag/ZeeBusiness?src=hash&amp;ref_src=twsrc%5Etfw">#ZeeBusiness</a> LIVE<a href="https://t.co/tWtVbG3qQo">https://t.co/tWtVbG3qQo</a> <a href="https://t.co/TUc38T7zZx">pic.twitter.com/TUc38T7zZx</a>
— Zee Business (@ZeeBusiness) <a href="https://twitter.com/ZeeBusiness/status/1576772429376286721?ref_src=twsrc%5Etfw">October 3, 2022</a></blockquote>
<script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>Taking the past into record, Singhvi said that such a situation happened in 2008 as well, whenever two-four big companies fail and the market underperforms then there is a bottom situation. In the current situation, if one or two banks fail, it will tell the situation of the financial market.
He added that there is a need to keep an eye on Credit Suisse and Deutsche Bank as these two banks command hold all over the globe and if they fail it won’t be good news for global markets. These failures can have a contagion effect if one fails many others will fail too.
Meanwhile, Credit Suisse executives have reassured large clients, counterparties and investors about its liquidity and capital position, according to a Reuters report. Earlier on Friday, Credit Suisse five-year credit default swaps (CDS) jumped 6 basis points to close to 247 bps -- the highest level in at least 10 years, according to S&amp;P Global Market Intelligence data. Credit Suisse CDS began the year at 57 bps.
<iframe width="100%" height="350" src="https://www.zeebiz.com/market-news/video-gallery-ongc-chennai-petro-oil-india-and-mrpl-jumps-upto-95-as-govt-cuts-windfall-tax-on-domestic-crude-201502/embed" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen=""></iframe>

In a special segment of Editor’s Take, Zee Managing Editor Anil Singhvi discussed the health of European banks, downfall of two big banks Credit Suisse and Deutsche Bank. He said the failure of these banks will be bad news for the global markets.Singhvi said that the US could slip into recession for the first time if there is any failure. The failure of one, he said, would impact the others.He, however, emphasised on the fact that Credit Suisse’s health is being questioned since four-five years now. The stock price has come down from $29-30 to $3-4 and the bank’s management is trying to recover losses. Taking share prices into account, he said that share prices don’t show the current situation or the past but the future of the company.#EditorsTake#CreditSuisse, #DeutscheBank में क्या हो रहा है?#Europe के बैंकों की बढ़ती मुसीबत, #America में मंदी के संकेत?क्या अब बाजार में बनेगा बॉटमजानिए #AnilSinghvi से..#ZeeBusiness LIVEhttps://t.co/tWtVbG3qQo pic.twitter.com/TUc38T7zZx— Zee Business (@ZeeBusiness) October 3, 2022Taking the past into record, Singhvi said that such a situation happened in 2008 as well, whenever two-four big companies fail and the market underperforms then there is a bottom situation. In the current situation, if one or two banks fail, it will tell the situation of the financial market.He added that there is a need to keep an eye on Credit Suisse and Deutsche Bank as these two banks command hold all over the globe and if they fail it won’t be good news for global markets. These failures can have a contagion effect if one fails many others will fail too.Meanwhile, Credit Suisse executives have reassured large clients, counterparties and investors about its liquidity and capital position, according to a Reuters report. Earlier on Friday, Credit Suisse five-year credit default swaps (CDS) jumped 6 basis points to close to 247 bps -- the highest level in at least 10 years, according to S&amp;P Global Market Intelligence data. Credit Suisse CDS began the year at 57 bps.

Singhvi said that the US could slip into recession for the first time if there is any failure

Recession imminent? Credit Suisse&#039; defaults swaps near 2009 level: Anil Singhvi explains how it will impact global market

Recession imminent? Credit Suisse' defaults swaps near 2009 level: Anil Singhvi explains how it will impact global market

news-recession-imminent-credit-suisse-defaults-swaps-near-2009-level-anil-singhvi-explains-how-it-will-impact-global-market-201470

In a special segment of Editor’s Take, Zee Managing Editor Anil Singhvi discussed the health of European banks, downfall of two big banks Credit Suisse and Deutsche Bank. He said the failure of these banks will be bad news for the global markets. Singhvi said that the US could slip into recession for the first time if there is any failure. The failure of one, he said, would impact the others. He, however, emphasised on the fact that Credit Suisse’s health is being questioned since four-five years now. The stock price has come down from $29-30 to $3-4 and the bank’s management is trying to recover losses. Taking share prices into account, he said that share prices don’t show the current situation or the past but the future of the company. #EditorsTake #CreditSuisse, #DeutscheBank में क्या हो रहा है?#Europe के बैंकों की बढ़ती मुसीबत, #America में मंदी के संकेत? क्या अब बाजार में बनेगा बॉटम जानिए #AnilSinghvi से.. #ZeeBusiness LIVEhttps://t.co/tWtVbG3qQo pic.twitter.com/TUc38T7zZx — Zee Business (@ZeeBusiness) October 3, 2022 Taking the past into record, Singhvi said that such a situation happened in 2008 as well, whenever two-four big companies fail and the market underperforms then there is a bottom situation. In the current situation, if one or two banks fail, it will tell the situation of the financial market. He added that there is a need to keep an eye on Credit Suisse and Deutsche Bank as these two banks command hold all over the globe and if they fail it won’t be good news for global markets. These failures can have a contagion effect if one fails many others will fail too. Meanwhile, Credit Suisse executives have reassured large clients, counterparties and investors about its liquidity and capital position, according to a Reuters report. Earlier on Friday, Credit Suisse five-year credit default swaps (CDS) jumped 6 basis points to close to 247 bps -- the highest level in at least 10 years, according to S P Global Market Intelligence data. Credit Suisse CDS began the year at 57 bps.