When a bank fails, it creates uncertainty among investors. How safe are my securities and the money in the account?
First the Silicon Valley Bank and then Credit Suisse: the bankruptcies of the past few days and weeks came as a surprise and unsettled investors.
Even if both banks have their own origins and a new financial crisis will probably not start, it is good to know how safe your own assets are. Because what the major Swiss bank and the US regional bank have in common: They damaged trust and brought back memories of the 2008 financial crisis.
What can I do if I own Credit Suisse shares? And how do I get to the contents of my safe deposit box? Here are the answers to the most pressing questions: