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Closing Bell: Rally gains steam, Musk makes a deal, Hasbro CEO’s growth plan 10/4/22

Closing Bell

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Credit Swiss

Bob Diamond: I think the European integrated banks were not allowed to recover and prosper post the financial crisis. And we've seen this across Europe. Royal Bank of Scotland is still owned by the government. You're seeing the situation and the challenges that it credit Swiss today. But you know one of the things I can tell you for sure is this is not 2008. This is about one institution in a country Switzerland with a very strong regular. Would you buy the stock right now credit Swiss? Bob Diamond: If you look back in five years and you say at this momentI had to make a decision to buy credit Swiss shares or sell credit Swiss shares, I would clearly be a buyer.

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