New Cracks Show Up In The Global Financial System

Andrea Zanon Confidente
3 min readMar 21, 2023
https://andreazanon.tech/new-cracks-show-up-in-the-global-financial-system/

New cracks in the global financial systems are showing up across North America and Europe. Since January 2023, several banks have shown extreme financial difficulties starting with Credit Suisse, which was just acquired on March 18th by the other Swiss rival UBS for about US$ 3.6 billion. Credit Suisse had previously refused financial aid from the Saudi royal family, which owns 39% of Credit Suisse…

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Andrea Zanon Confidente

Performance advisor with over 20 years experience across entrepreneurship, sustainability and partnership. Now focusing helping people investing in themselves