PBS NewsHour

Global markets tumble on Credit Suisse signs of instability

Clip: 03/15/2023 | 6m 26s  | Video has closed captioning.

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.

Aired: 03/15/23

Rating: NR

Problems Playing Video? | Closed Captioning

Major corporate funding for the PBS NewsHour is provided by Care.com, Consumer Cellular, and Fidelity. Funding for the PBS NewsHour Weekend is provided by Mutual of America. For a complete …