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Credit Suisse customers unruffled by stock slump
Credit Suisse customers unruffled by stock slump
Business and Economy
by  AFP

Credit Suisse customers in Geneva were not spooked by the bank's plunge on the stock exchange Wednesday, believing the Swiss government would ride to the rescue before it could ever collapse. "It will be covered by the government, under 100,000 Swiss francs" per customer, said a 40-year-old personal trainer, who declined to give his name.

Bank collapse 'part of the game' for Texas fest startups
Bank collapse 'part of the game' for Texas fest startups
Business and Economy
by  AFP

The South by Southwest arts and tech festival was just moving into high gear when news spread that Silicon Valley Bank had collapsed -- throwing even the most starry-eyed tech believers into shock. "But I think once the whole Silicon Valley Bank issue gets sorted out, it will be something that people forget in a few years," the investor said.