What Just Happened at Credit Suisse?

As fears about the health of global banks spread from the U.S. to Europe, the bank Credit Suisse said it would tap a more than $50 billion loan from the Swiss National Bank. WSJ’s Margot Patrick explains how Credit Suisse became a cause for concern. Further Reading: - Credit Suisse Stock Price Jumps as Bank Secures $50 Billion Lifeline  - Credit Suisse Promises Overhaul in Wake of Rout as Regulators Offer Lifeline  - Janet Yellen Says Banking System Is Healthy After SVB Collapse  Further Listening: - Can the Government Contain a Banking Crisis?  - The Economy Is Too Hot for the Fed  Learn more about your ad choices. Visit megaphone.fm/adchoices