Ammar Al Khudairy, chairman of Credit Suisse’s largest shareholder Saudi National Bank, discusses the fragility and panic of the “entire market.”
Panic over Credit Suisse is ‘unwarranted,’ Saudi National Bank chairman says
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If your own proverbial ass in on the line, you will try so hard to calm people down.
they need 50 billion now!
can be much much more buddy,
the biggest swiss bank is about to go on a bank run potentially , clients panicked will wanna move their money next days if snb and ecb don’t do whatever takes and have the best of luck
50 here, 50billon there. 100billion wouldn’t stop that shit train…
Whooopsie Ammar.
why would Muslims support a bank that charges interest which is forbidden in their holy book of bollocks
Imagine all the trade now with the Iran for that region after the Chinese brokerd a peace deal, I’m surprised they’re even giving interviews with usa msm, BRICKS all the way now, bye bye petro dollar
Everything go perfect every where hahahhahahah
all the hype about numbered days of Ch.ina coll.apse, turns out it started in a merica…
This guy speaks good English.
A very good Actor…
Uuuuh, some early racism right there….
Sometimes I wonder if I’m okay, and then people, as you show me, I could be worst.
lolllllllllllllllllllllllllllllllllllllllllllllllllllllll !!
Not gonna lie, it crossed my mind. If ya cant trust the news ya cant trust the people on the news so I feel you.
@E. R. You speak very good english. Very good actor!
We need good 20% correction
100% correction!
YES…. THE REGULATORS
The saudi saying everything is fine while his investments in the banks go bust is a joke!!!
No need for him to get people all revved up. The bank itself seems to be doing a GREAT job..
Contagion is just getting started bro! Credit Suisse will be a lucky one I reckon. They failed so early that the govt had to save them and were able to loan $50bn+. In a few months when the rest of the banks start failing that rescue fund won’t exist.
Honestly the world is going to implode, your money isn’t even safe in your own pocket. Your money will either be seized or it will be devalued to the point it’s worth less than the paper it’s printed on.
The wort of the US Dollar is as much as TOILETPAPER!
Buy gold
Everyone says the economy is fine, the job market is good .
But as an average American citizen, we all know this is a lie ..
Let em keep lying.
Credit Saudi
That’s right. Lol
Saudi Arabia has applied for membership for the BRICS countries. (I WONDER WHY??🙄🙄) And is that why Saudi Arabia pulled their money out of this bank???))🙄🙄🙄) Because the BRICS countries will come with a new currency linked to GOLD!! So this banking shit will never happen!!!
So l have no idea what this guy is talking about and why you guys don’t show the WHOLE interview⁉️⁉️⁉️
TWO ACTORS PAID BY THE DEEP STATE!🤡🤡🤡🤡🤡🤡🤡🤡
Such a great liar.
Non oil revenue in Saudi?
Pandey jee, investment income , Hajj tourism income etc
@krishna k Hajj barly represents 1% of non oil revenue
2023 Financial Tsunami will be coming again.
This guy does not know what he is talking about. He is in a state of denial. Is this the chairman?, really? Probably he made a very bad decision on buying into Credit Suisse.
When they tell you not to panic or don’t sell your shares or withdraw your money from the bank. There selling shares and other assets behind the back door before the house cards fall over.
Correct 100% ☢️☣️🧨 rightly said
This is about the most accurate thing I’ve read on the internet today
I just read an article. Rich people are pulling their money out of banks and putting them in special brokerage or custodial accounts that are protected from bank runs. Instead of warning this is a growing trend, the article characterized it as smart investments for wise wealthy people and more should do it.
so from your point of view if they tell you need to panic or sell your shares, then we should not be panic and keep our shares right??
Impeccable English!!
Markets fell because of his loose 😝 tongue.
“Everything is fine, nothing to worry about. This bank has kapital enough….”
Next video CNBC:
Credit Suisse is asking to borrow 51 billion dollars…! And the video is private!
WOWWW ALL THIS CONTRIBUTES TO A VERY SAFE FEELING ABOUT THIS (AND ALL OTHER!!) BANKS!
WELL DONE LAPDOGGIE CNBC OF THE DEEP STATE! 🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡
4 banks failed in 5 days
Silicon Valley 210bn
Silvergate 11bn
Signature 114bn
Credit Suisse 700bn
The CS is on the verge of collapse t00??? G00d Luck to Europe…
I have never heard this word “contagion ” from economists so much in my life. In 2008 they didn’t use this word to discribe what was happening. Every interview literally. What’s the message here? I’ve been saying the plandemic was a test run and the real “plandemic” is what happens when the banks or dollar fails. Chaos will insue and stay at home orders will be in effect again and cbdc will be issued and ppl aint havin that….yet again most ppl are in economic lala land soooo…
Ohhhh you haven’t seen nothin yet. The creator YA’OH doesn’t like what has been done to His people.
There was no problem the Bank borrowed $54 billion dollars to prove they could be trusted.
Floating out entities to spread more BS. Typical, isn’t it. More will follow
His English is too good to be real. Fake.
I am a Credit Suisse shareholder, bought in fairly recently at a good price, they are a small percentage of my portfolio, where I can afford for the trade to completely implode (but hopefully we won’t get there. But I must say this gentleman is quite naive, unfortunately. As a major shareholder, with a holding of 9.9% in a major bank, his claim that CS is not looking for capital and that they are very well capitalised is either naive of him to say that or just ignorant of the facts on the ground. Today in the Financial Times, an article was published – “Credit Suisse to borrow up to $54bn from Swiss central bank”. So why would a well capitalised bank need to rush to its sovereign government to borrow if it was well capitalised? Anyhow lets see how this trade will pan out. 😀
Lol….
*They don’t give a shit about that bank, they’re filthy fucking rich.* Anywhoo..
So you believe some paper over 9.99% shareholder.
They could be everything but not naive when it comes to investments.
Ask Alibaba. See what he has to say.
Unwarranted? 😂😂😂
Thievery at the highest level
“Isolated” !…. One thing we learnt from 2008 was that the banking system was heavily interconnected and has done nothing to reduce this. If anything, it’s got more integrated and stress tests have been shown in certain banks to have failed. And those banks are not small .
Sounds like a lot of tough talking to try calm the population
Liar
.
Intelligent economists have been talking about this crisis since 2018, but they launched the covid, now the war, so as not to admit their mistakes, how the economic authorities printed money and distributed it at zero interest, increasing share prices and not investing in real production. There will be hyperinflation, all money will depreciate. The EU and NATO will fall apart. Ye
The amount of stumbling for words tells me Something is not right and he’s covering something?!
Obviously they don’t care they are super rich 😂
These are the last people to trust, banking people! You think they are going to say things are not well? Never, they stand to loose, why would they even say anything negative!
Huge amount 🤪🤪he doesn’t wanna say it 🤣🤣
Haha… and why don’t they wanna give more money to Credit Suisse….
they bought Credit Suisse at low price. this shouldn’t be bad for them.
Absolutely not. This guys destroyed the european Bank sector with only 2 words. Imagine what will happen when Saudi and BRICS will say same thing about UST bonds or selling their petrol in dollars
He made a big big mistake
LOL 😂
Saudi Arabia is addicted to losing money on bad investments.