Submitted by Lolkac t3_xsw6j4 in wallstreetbets
The collapse in Credit Suisse's share price is of great concern. From $14.90 in Feb 2021, to $3.90 currently.
Their spread is crazy https://pbs.twimg.com/media/Fd6cwT7XoAAl9l5?format=jpg&name=large
And with P/B=0.22, markets are saying it's insolvent and probably bust.
2008 moment sooon