What’s Happening with Credit Suisse?

[@PBoyle]

Thanks to our growing list of Patreon Sponsors and Channel Members for supporting the channel. www.patreon.com/PatrickBoyleOnFinance : Paul Rohrbaugh, Marc De Mesel, Nate Stapleton,Timothy Baird, WIlam, Hernan Merino, Random Encounter, Nieuwsbrief Ikwil, Bee Positive Consulting, hyunjung Kim, John Cadena, Ian Tracey, Callum McLean, Oscar, Simon Pena, Ed, Pavle Obradovic, Erik Van Ekelenburg, David O'Connor, Pjotr Bekkering, Alex, Robert W Proudfoot, Robert Muller, Andre Michel, Ivan Iliev, Gopaljee Atulya, Mark Hooker, Artem Vasenin, P H, Sebastian, Michal Lacko, Peter Bočan, Michael Pierce, V Jordan, Gil, HalfwitHam, Mark Brophy, David Urdenata, Juan Valdez, Bruce Roberts, Chad Norman, Bruce Roberts, Shamikh Rana, Friday Guy, Marc De Mesel, Augusto Ramos, Soy Boomer Doomer, Bob Slartabartfast, Robert Feiler, Camil Dbouk, Erik Montesinos, Matthew Loos, Az Indragiri, Aman Bali, Lautaro Parada, Pratap, Deborah Joseph, Robin Sung, Kurt Johnston, Dominik Auerbach, Gurmeet Kaushal, John Hall, Dara Mo, Josef Goergen, Wilbert Cheng, Jaroslav Tupý, Trevor Lucey JB Weld, Alex, Carlos Figuera, Peter Pomelov, Null065, Rick Thor, MeBerzerk, Henry Nguyen, Sola F, The Collier, Carlos Mejia, J Wadia, Bitcoin OG, easy boekhouding, Albert, Eugene Jung, Daniel Cervini, Jonathon Yong, Iris Ji, Emil Nicolaie Perhinschi, Charles, Eli Auto, Excks, Michael Li, Par Hedman, Praveen Mishra, Gerard Scott, joel köykkä, Areeb Ahmed, David Wang, Rodolfo Cornetti, Daniel Winroth, johnny, Nick Jerrat, Chris Houston, Alastair Currie, Robert Griffin, Andrei, zizi Golo, Fab Vida, Constantin Petrenco, pawel irisik, NotAScam, James Halliday, 22 Dust, Carsten Baukrowitz, Heinrich, Arron T, Ben Brown, Stephen Mortimer (to The Moon), Ryan B. Hicks, Liam, Logan Vrankovic, William Heaton, Paul McCourt, Daniel, Aaryan Koura, Steven, Christopher Boersma, Ulf Lundblad, Dorothy Watson, Greg Blake, Simon Bone, Livermores Quant, The Collier Report, Scott Gardner, The Man Koala, Brian McCullough, Daniel S. Smith, Finance Student, Julie, Mohammad Rehman, James Wallace, Daniel Poellmann, Edosa Odigie, Dixon Yuen, Marek Novák, Stamatis Drepaniotis Michael Smith, Ahmed Hamadto, Chris Davey, Mike Farmwald, Michael A. Mayo, Lachezar Georgiev, Kamet Batra, Bradley Johnson, Sagar Gudi, Michael Chessar, Kate ATL, Tong Cheung, Lady Dje, James Barnes, Chris Hall, Kurt Johnston, ICBM Catcher Juan Valdes, Linn Engström, Veltsh, Konrad P-kala, Pastacat, Adam Vorting, Matthew McQuade, Christopher Lesner, freebird, Kenneth WedMore Lund, erfective, Jason Young, Jonathan Kopnick, Peter Hendrickson, steel, Bastien, Tom Willett, Chris Whitehead, Anil Jason, JOJO, AS7, Greg Thatcher, Ezekiel Templin, MrLuigi1138, Leszek Frankowski, Nam Nguyen, Karim THIBAULT, C, David R. 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Letterman, maRiano polidoRi, Stephan Prinz, Gary Yrag, Mattia Midali, Matthew Berry, Ann Williams, Jay T, Gabor, Florian Haas, Shivendra Saklani, Zachary Tu, Jeffrey, Lane Alan Deyoe, Chett Flynn Jonathan Horn, Mo Herbert, Lane Andrews, Justin Thuet, Olaf Thiele, Ivan Ilaev, Todd Gross, Douglas Caldwell, Wade Hobbs, Volodymyr Palii, James Hoctor, Gavotti SGP, Ryne Davis, Jean-Philippe Lemoussu, Keanu Thierolf, Muhammad, Michael Chow, Stefan Alexander, Miroslav Ognyanov, Scott Guthery, Vanya Davidenko, Arto Karhu, James Bache, Jason Harner, Dale Patch, Stefan Penner, Mischa Trunz, Arvid, Eric, Jonathan Metter, Junhong Low, John Way, Maria Baker, Luke Solomon, Sharath Vulupala, Keith Elkin, Chris Nicholl, Luis Carmona, Vinci Chan, Olivier, Yasha, James Yoh, Eduardo Martinez, Adi Blue, Swain Gant, georgejr, hyeora, old gambling art bag, Boussaken, Lukas Braszus, Vik, Chris Albertson, Sprite_tm, matt f, Douglas Caldwell, Adgn, Ronald London, Chris Rock, Tuan Nguyen Minh, Daniel Baak, Jeremy King, Julien Debache, M1, Dougald Middleton, Tom, Diarmuid Kelly, Subodh Kafle, Gregory Mahoney, Angelo Rauseo, Kirsten Banuelos, Ryne Davis, Era, Anne Molphy, Ekaterina Lukyanets, Alfred, sugarfrosted, Okkie, Larry, Sarah, miilo, Alexandre GUYAMIER-CROISSANT, Alex C, Henk S, Noel Kurth, John Tran, Daniel Soderberg, Daniel Ralea, Steve Crotti, Shaun Deanesh, DaFlesh,Nathan McIntosh, Dominique Buri, B P, Manmeet Sheera, Stephen Walker, Richard Stagg, Bo Grünberger, Justin Sublette, Zackk, R, Omega Universas, Paul Twilley, 인기 김, Dennis Arthur Rose, Louis Görtz, Arjun K.S, josef strand, Simon Crosby, Alex Do, Minnah seoh, Ljube Boskovski, Bertrand Barroux, Jacob Snedaker, Edgar De Sola, Izidor Vetrih, WhiskeyTuesday, Vic Tan, Compuart, Felix Goroncy, Nick Top, Anita Mui, C.J. Christie, lazypikachu23, Olivia Ney, Steven, Jordan Millar, Reagan Glazier, Viki Rebic, Adrian, Adam Kobus, KoolJBlack, Deborah R. Moore, Alonso Ibarra, sam, Dru Hill, Dean Maurer, Tim Jamison, gavin, Ultramagic, HEWHOSHALLNOTBENAMED, Nigel Knight, Daniel Winroth, Paul Niekamp, Job Zamora, Zhnjy, Brian K. Lee, Tony Bianucci, storm, scott johnson, Suzy Maclay, Just Plain Old Boring Mike, Fernando Garcia, Agatha DeStories, Chris Peterson, Nesh Hassan, Molly Carr, Christan, Michael Jones, Ross P, Conor Rainey, Milos Krljanovic, Laura Sanborn, Richard Hagen, Nicholas Muller, Adam Stickney, Peter Weiden, Mate Visky, RVM, Brainless, Marcio Andreazzi, Anand Norman, Yih Pin, Ziad Azam, petros ventouris, Jonathan, STEPHEN INGRAM, Panks, Michael Wilson, Peter Luu, Gregory Lethbridge, Daan Jetten, Ivan Katanic, Benjamin, Boris Azais, Flanneryo, EricO, DoubleWhy, Paul Hilscher, dz, Manuel Barkhau, Gaurav Batta, Earnest Williams, Harun Akyürek, Dionysis Partsinevelos, toufik ouriachi, Maximiliano Rios, Claire Walsh, AT, Atanas Atanasov, William J. Murphy, Tom Eccles, Matthew Lang, Matthew Wehttam, Fernanda Alario, nishil, Alfred Tagher, Ulf Lundblad, Weijie Diao, Dave Jones, Matthew Colter, Alan Medina, Georgios Kontogiannis, M, Kirandeep Kaur, Charles, Jacob Wachala, William Ching, Omer Secer, Clement Schoepfer, Tarek Rabbani, Sofia Tuff, Christopher Brennan, A M, Ivo Stoicov, Christian Nwadibia, Wade Hobbs, Sam Freed, DesuuDesuu, Oliver Goemans, ML, Evan Kozliner, Kalimero Eric Holloman, Matthew Kokaly, waziam and Yoshinao Kumagai

[@CliveChamberlain946]

Congrats on 500k you've worked hard for it! 👍

[@19Mister75]

I’m new to your channel, however I request that you examine the ON DEMAND LIQUIDITY issue present at every bank, consider that along with “UNREALIZED LOSSES”, then WOULD you try to tell anyone that SVB & CS are different… (because they are DEFINITELY the same imo)

[@Tower-bl9kk]

Happy St. Patrick’s Day Mr. Boyle! ☘️ A very good explanation of the CS situation also!

[@jedadruled984]

Yur just mean to Credit Suisse.

[@benjaminkell3726]

Bro you are a savage 😂

[@milobarkymcbarkface6846]

"Banks are speculative investment funds grafted on to critical infrastructure and this structure is designed to extract subsidies from the rest of society by threatening civilians with crisis if the banks bets are ever to fail". Nailed it.

[@ripvanrevs]

I'm still trying to wrap my mind around a whole valley of silicone. Are you allowed to just scoop up all you want? That stuff is $8 a tube where I buy it.

[@wolfumz]

I wish I could hear Yellen or other officials from the Fed answer to that statement. The US' bank regulation is totally insane. It amounts to zero regulation. Everytime they're even slightly constrained, banks burst into tears and run to their lobbyists. The Lobbyists readily have the support of the entire republican party, but they can always pick off a few democratic votes by using these threats. I am amazed at the plain disconnect between average conservative American voters and the Republican's actions in congress, they couldn't be anymore different. We are the only country to go through a financial crisis and come out of it with _less_ regulation.

[@forbiddenera]

But Bank people say Crypto is purely speculative

[@danang5]

​​@@forbiddenerathey know whats speculative and whats not because they are one big speculative bullshit

[@ippothedestroyer]

@@forbiddenera They make the rules which others follow.

[@TheJesterHead9]

“We’re involved in every scandal and always lose money.” Should be Credit Suisse’s new slogan.

[@TheOracle65]

This part made me stop the video as I was laughing so hard. The level tone just made it funnier.

[@mangos2888]

🤣🤣🤣

[@orterves]

"sure we may be evil, but at least we're bad at it"

[@somethinglikethat2176]

"Crime doesn't pay.... when you're as bad at it as us"

[@TheZackofSpades]

They’ve got their fingers in every pie…and stick the whole fist in if the money’s flagrantly corrupt😂

[@vonwux]

Webster Financial finally getting the recognition they deserve

[@ristekostadinov2820]

let's goo, we have to make it the 8th largest financial institution 🤣

[@Q_QQ_Q]

Lol

[@networth9151]

I agree. It looks like the "Tightwad" Bank may soon assume its position in banking lore as well. They apparently have no regulatory issues since their depositors rarely withdraw any money.

[@cisium1184]

Glad to see I'm not the only one who has, in fact, heard of this bank. I also own three pairs of Crocs.

[@Kevin-E-Glick]

GB- that's fucking funny

[@Mark_Kiwi]

One of the few good things to come from Universities in the UK shutting down their in person education due to Covid. It pushed Professor Patrick to do a few videos on KZbin about boring things like option greeks, and, one thing led to another, and eventually led us here!

[@Dongorgon777]

Patrick is hilarious! Great information, the right amount of comedy all with a deadpan delivery. Gold!

[@chadtarheel]

right on

[@lademoiselleketoret6958]

He is drier than the Sahara 🤣😳🔥

[@savagepro9060]

Patrick Boyle, the only mortal known to see the 'Invisible Hand'!

[@EdMan102292]

Kind of interesting that Crocs has a similar market cap to a regional bank like Webster Financial. Puts into perspective how big financial institutions are compared to consumer goods businesses, even multinational corporate ones like Crocs.

[@himoffthequakeroatbox4320]

At one time finance existed to serve industry, not the other way round.

[@supertuscans9512]

The only people who wear Crocs today are nurses, dentists and stevie wonder - on a bad day😂

[@truth.speaker]

​@@supertuscans9512me looking nervously at my feet😮

[@saab9251]

Don’t ever come to the southeast US, shits everywhere. Also, they’re really big in drag racing because you can quickly slip them on and off in staging lanes.

[@ranro7371]

Fiat money is monopoly anyways. US gets to print it and the rest of the world are required to peg it to their commodities by force of arms for it to have value. Same reason why Japan's economy busted, US wouldnt have another one play the same game.

[@michelew2191]

Patrick's mother told him not to say anything at all if he can't say anything nice. It's how he got so good at throwing shade without technically saying anything bad about his target.

[@KingUnKaged]

You could do worse than learning from Bugs Bunny's morality. He's kind, helpful and generous, even to people who obviously don't deserve his friendship, like Daffy Duck. He gives people the benefit of the doubt, but he also doesn't suffer abuse. He never starts a fight, but he always finishes them. Overall, pretty cool dude.

[@Catafracta230588]

What's wrong with Daffy?? He's a nice duck

[@physchir]

​@Catafracta230588 daffy duck is a psychopath... great character but not a cartoon duck any moral person should emulate. Duck had problems and didn't recognize them....

[@jonathanj8303]

@@physchir "Is that (Daffy Duck) on of his family's house gods?" G'Kar.

[@KingUnKaged]

@@Catafracta230588 I suspect this is sarcasm, but in case it's not (and since there's no BAD time to rewatch this clip) I'm just gonna leave this here kzbin.info/www/bejne/iHywf4OHaJqCi8U

[@nineteenfortyeight]

Thumper wasn't a bad guy either

[@Monsterpala]

1 min and 21 seconds in and I am in tears already. Thank you Patrick you made my day!

[@pushslice]

I’m dying lolol

[@patouwhale]

anyone consider the possibility that the only reason there hasn’t been a run on the 250b roughly left of deposits (WSJ balance sheet) at Credit Suisse is because the left overs are all dirty money that can’t go anywhere else?

[@erandeser5830]

The same as stakeholders not claiming balances at SBF

[@simony2801]

Certainly possible they cannot move away from the Swiss banking secrecy laws and need to stay with a major player to launder their money.

[@mxvega1097]

@@simony2801 Deutsche says hold my bier...

[@darksideXLable]

Heard of Dubai and Singapore.... ?

[@patouwhale]

@@darksideXLable the point I am making is that maybe even banks in those places won’t take the money, which would require tons of KYC for account openings.

[@arafat464]

I used to work at CS back in 2018. It was terrible. The technology infrastructure was nonexistent. The entire Prime Brokerage business was run from a series of Microsoft Excel sheets. Senior management was unwilling to invest even a penny into improving the technology. I would have to work long hours just because the antiquated tech would delay my ability to work. I did not stay long.

[@thethankmelater93]

Love your humor Patrick! The only finance expert on YT that is able to transform something dry like finance into a informative finance comedy show

[@vizualmax]

Patrick really held nothing back in this video. Loved it!

[@gracesdonny1532]

The negative impact of SVB and SI debacles has been reflected in the regional bank ETF (KRE) which has witnessed a decline of over 20%. This event has triggered contagion effects, dragging the entire market lower. However, historically speaking, a localized and narrow contagion of this nature presents an opportune time to invest in strong, financially stable companies with substantial cash reserves on their balance sheets.

[@jenniferkyle6036]

We underestimate the fact that banks are corporate entities also governed by greed. Since 2020, the banks have been over-leveraging their assets, which was one of the reasons for SVB's implosion. I have never been okay with keeping much money in the bank. I simply invest through my financial advisor, collect my profits, which I then spend.

[@Alejandracamacho357]

@@jenniferkyle6036 I have learned to not trust corporations. I was badly hit by the '08 financial crisis. Since 2019, I've just been focused on investing through a financial advisor, and it has been paying off, and I'm never going back to banks full time.

[@Patriciacraig599]

@@Alejandracamacho357 This sounds really interesting. I've been thinking of pulling out my money too. Could you recommend who your advisor is? I could really use some help.

[@Alejandracamacho357]

@@Patriciacraig599 Oh, I'm not really in the business of giving financial advisor, so you are responsible for your decisions. But I have been working with Susan Agnes Hancock, so you could check her out and contact her, if you want.

[@Alejandracamacho357]

@@Patriciacraig599 My licensed coach, Susan Agnes Hancock is a highly experienced and knowledgeable specialist in the financial market. She possesses exceptional expertise in portfolio diversification, and is widely acknowledged as an authoritative figure in her industry.

[@DensetsuVII]

Patrick I can't be more serious when I say - you need a netflix special - you may be talking about fiat currency, but this comedy is on the gold standard and it needs to continue... unlike Credit Suisse

[@Hunter_Bidens_Crackpipe_]

Netflix is a far lefty woke trash platform

[@mubashir3]

Agreed 100%!

[@tetbundy5683]

Please no! I feel so elitist watching this channel 😂

[@hillbilly4895]

I doubt Netflix can afford him...have you seen their stock price lately?

[@Q_QQ_Q]

Nutflix

[@shanedavey6993]

Legit hilarious deadpan humor every video, I love it. Congrats on 500K Patrick!

[@intruder313]

I was in a 'FootAsylum' today and given that they were selling Crocs for £55 a pair I think Patrick's advice to focus on silly shoes might be fairly solid!

[@DaveRobinsonYT]

All praise to Prof Dr Boyle for elucidating this situation with such delightful humour

[@bybenoit5593]

I love all the little easter eggs you leave in your video backgrounds.

[@cardinalfeathers]

Every time Credit Suisse is in the news all I can think of is the classic Debit Suisse community post

[@swaggitypigfig8413]

All I think of is Toblerone

[@arnoldhau1]

@@swaggitypigfig8413 Toblerone is Mondelez... It has does not exist anymore for a very long time.

[@suffern63]

I rewatched the video from a few months back yesterday,it seems that things are worse than expected

[@UnbekannterSoldat74]

I'm living in Switzerland and just thinking about a possible merger of CS and UBS feels like a nightmare to me.

[@michalsladek8809]

What could go possibly wrong?:) If you merge two crappy banks you should get for sure one great:)

[@mysterioanonymous3206]

Swiss here too: that's not happening. Weko wouldn't approve that merger. No way.

[@w花b]

​@@michalsladek8809 yeah, negative times negative makes a positive after all

[@codelessunlimited7701]

@@mysterioanonymous3206 Too big to crap I guess? 😅

[@Fred-zt5ky]

I’m Swiss, and I share your feelings about the merger.

[@mediocreman6323]

The moment I heard about Credit Suisse in the news I basically counted the days until Patrick would make a video about it.

[@markusgorelli5278]

I'm also counting the days to SoftBank. haha

[@ripvanrevs]

Looks like it is identifying as debit suisse now!!

[@kp6215]

The best is the dry humour that Patrick may become a financial Comedian that the gallery on the dirt in the middle of the Globe Theatre to watch as humans have gone backwards when the earth brings catastrophe as I just read a continent is splitting at the rift valley . The worst stupidity that I have ever witnessed when Japan allowed nuclear reactors built without walls high enough for the Tsunami that risk management failed to consider that the Japanese government still has not arrested the builder of that facility for gross negligence. The moment I witnessed the World Trade Center completed my next prognosis was the stupidity for a plane with jet fuel would be planned because New York City is the capital of Capitalism with someone angry enough to plan long term to destroy but that action wasn't accomplished for decades that I envisioned in my crystal ball as at least women are not burned at the stake or drowned for our ability to warn about future events that most men except the few because risk Assessment is the first objective of any company to maintain a business. My father did not raise me to devalue humans that haven't my intelligence as that is a product of my ancestors having the courage and bravery to survive after leaving the old world for the new. I am the last of the Norman family but some still remain in Kent as confectioners that my dad located in 1943.

[@knarf_inc4790]

"No more scandals, buy our sandals!"

[@platinumforrest3467]

I'm a newcomer to this blog. Great work, and I love the added intermittent spicy humor. Keep going!

[@bosco4533]

What's a crisis without credit suisse 😂

[@savagepro9060]

credit cheese

[@Q_QQ_Q]

Credit sushi

[@neville132bbk]

Crisis R Us

[@TheOracle65]

The dripping sarcasm hidden behind a calm, informative veneer is so engaging. Love it! The Swiss Army Croc was inspired.

[@ivayloivanov8153]

Excellent and timely piece. Happy St. Patrick's day!

[@mdkvalitet2623]

Congrats for 500K Patrick! Pure quality is recognized. 🙏

[@UsurpersAndAssassins]

I've got to be honest, I LIVE for your dry witty sarcasm. It brings so much joy to my life.

[@greall]

The sarcastic and deadpan delivery is what gets you every time

[@mattwilliams4749]

Patrick is a true gem. The humor is as dry and magnificent as the surface of the moon.

[@antoniolewis1016]

When I vaguely heard there was news about Credit Suisse, I avoided the spoilers and knew to wait for Patrick's insight.

[@Gannava6]

Patrick needs more subscribers. Very informative and I love the way he delivers it.

[@mohammadrezasabouri6875]

I have been waiting for Patrick roasting Credit Suisse the whole week!

[@ReadingRambo152]

Patrick, I absolutely love your videos. They’re incredibly informative, and the way you throw shade at shady financial institutions is 👌🏼

[@tomaszwozniak2972]

Absolutely vicious. Patrick manages to rag on the CS with a straight face pretending to be serious. Love it!

[@Hermod_Hermit]

No sultry tree nymphs in the world can save us from this mess. If you are at least somewhat prepared, the best thing is probably to kick back and just watch it unfold - because unfold it will.

[@bobbyjones5377]

They’re just sucking out your chakras my guy. Keep it zipped up for safety.

[@veskoslavchev4614]

As someone at a European bank risk department, I had a read through of the financial accounts of Credit Suisse, and apart from getting the feeling of impeding depression that their team probably had while writing that, the bank seemed in okay-ish health. Yes, deposits have halved in just a single year, but their Liquidity Coverage Ratio is well above regulatory minimum at 144% despite falling from 2021 levels. I struggle to see why the bank took such a beating.

[@thomasherrin6798]

They are the equivalent of the banking punch bag!?!

[@VallenChaosValiant]

A bank needs to offer something more than "have liquidity". As this video explained, the bank had been badly managed for years so customers and employees flee from it. It's like wondering why a restaurant serving bad food is struggling, just because they haven't poisoned anyone.

[@LordKalerran]

Because they are legit evil as explained in the video

[@silenciothequiet3471]

The first rule of neocon economics is to create a solution for a problem that doesn't exist yet. The second rule is to create the perfect conditions for this problem to arise. The solution is CBDC and the problem is US regional banks which funnel in lot of cash from local depositors and SMB. The nordstream2 demolition wasn't just to stick it to Russia or keep it theirs EU "allies" onboard the Ukraine ship, it also remove German economy out of the picture. The German economy relies on three foundations: competitive small and medium businesses backed by solid regional banks, and cheap energy. By removing cheap energy, you remove German SMB and regional banks in one go. What's taking place is a consolidation of the economy in favour of global corporations on both side of the pond. CS has taken too many heats and has a justifiably poor reputation but it's not necessarily in that bad of a shape, I think its demise is wanted because it is a Swiss, not an American, bank.It cannot be controlled by the Fed.

[@Chris-ci8vs]

Because they are dodgy AF.

[@stephencorben7875]

well just read the FT article "UBS in talks to acquire CS", didn't mention its Crocs business, but a great opportunity for CS branding

[@SteveJonesOwnsDSP]

Happy St Patrick's Day -- the holiday named after you, Patrick Boyle 🍀

[@61Damola]

I’m impressed that you have this straight man persona down pat, and that you are able to deliver deadpan lines flawlessly. 🎉

[@bogrunberger]

This is such a wild channel. I came here for the luxury cars and sick raps, but then I got a surprisingly good lesson in European bank finance!

[@RecursionX]

Credit Suisse is like a piñata for Patrick.

[@huwzebediahthomas9193]

Think Credit Suisse was first set up to specialise in financing Swiss railway lines, I read somewhere. From there, they got 'diverted'.

[@java2233]

Informative and entertaining with no BS . Patrick’s videos are excellent.

[@elihernandez330]

Thank you once again Mr Boyle. You have given us great information as to where and how these issues transpire from.

[@ZerofeverOfficial]

Your dry humor is gold, I live for it.

[@playbak]

I love it when Patrick slams the All-in crew

[@paulfeiger]

Since my fortuitous discovery of Boyle, my understanding of what is happening has grown exponentially. This video was no exception. Thanks!

[@kubenoz]

That was the best start to a video I heard in a while

[@msb8287]

I greatly appreciate your excellent content and perfectly unique and humorous delivery!

[@DaveCadoff]

Every time you give a backhanded compliment about the All-in Bros, an angel gets it's wings.

[@samanthatheriot8879]

Thank you so much for such a refreshing straight forward explanation of the situation !!!

[@wtf_usa5597]

Once again you have me laughing my a** off Patrick! Thank you for your work. You are a beacon of light in these seas of insanity.. 🙏

[@ArizonaAstraLLC]

From a fellow financial industry professional (working in fund admin as an accountant), excellent video. Subbed.

[@nandi123]

A UBS/CS merger reminds me of a story. What do you get if your add a small amount of fine wine to sewage. You get sewage. What do you get if your add a small amount of sewage to fine wine. You get sewage.

[@radman1136]

"reputable banks"? That's an hilarious turn of phrase Patrick.

[@Shannon_Vlogs]

Thank you for specifying that unrealized losses are not ignored in Europe. Too bad we can’t always say the same in the US

[@deangalvin1977]

You are hilarious. I greatly appreciate your sense of humor.

[@griffith500tvr]

I am not a financial expert although I have worked in IT for many banks so I always had an eye on what's going on in the banking world. The writing was on the wall for Credit Swiss for about a year now so this is not a surprise. I also suspect that the Deutsche Bank has the potential to implode.

[@allenaxp6259]

Patrick please do more on the banking in the US Regional Banks, First Republic Bank is now in trouble and other big banks are coming to its rescue. Your input would be greatly appreciated!

[@I.amthatrealJuan]

Happy St. Patrick's Day! This is such a lucky video.

[@vabriga1]

Congrats for 500K subscribers!

[@pavlos617]

One thing you forgot to mention is that last year’s P&L showed a loss attributable to shareholder of nearly 7.3 bn CHF, mostly due to a valuation allowance of 3,7 bn CHF in relation to a “reassessment” of deferred tax assets and a 34% decrease in net revenues; knocking down the book value per share by 33%.

[@optimusAntiPrime]

I really appreciate your dry humour, it's getting better by the video ❤

[@ioda006]

There we go, finally the man I wanted to hear from about this!

[@trackerbacker]

Great opening line, it's one of my favourite sayings. God bless and happy St. Patrick's Day

[@simonnah1527]

Glad Patrick’s embracing his funny side. Always thought the videos were top tier anyway but the comedy takes it to another level

[@Ishbikes]

I’m new here, I thought he was trolling because all the jokes. Wonderful channel

[@patronspatron7681]

Patrick you are the Alpha Waymond of finance - kicking @$$ with humour, insight and facts.

[@dberweger]

Can’t wait for the next credit Suisse video😂

[@bonwatcher]

I wholeheartedly agree on your suggestion on how to fix Credit Suisse, clogs are the way to go. 👍

[@christianduval9067]

Another masterpiece from you Patrick....you will be extremely busy in month to come...... I very aprreciate your work

[@jacorachan]

This video aged really really good. Great job Patrick!!

[@Utoko]

nice was waiting for it!

[@leswhynin913]

13:45 a very timely and accurate prediction

[@hortehighwind8651]

To be honest going into the making Swiss stylized crocs would be better than whatever risky financial doing they're usually up to.

[@joshuabracke5775]

Good video. I love the bit at 12:28, good bit of bank accounting humor here. A debit on the customer side equates to a withdrawal. lol

[@jonathanj8303]

By chance I was literally reading your comment at the same moment that flashed up on screen, lol.

[@Erik-gg2vb]

I agree, the banks are gaming the system. Governments will be used to fund their schemes at making money. Lobbying butters the path to the support.

[@ramd9532]

Lol! You could be a comedian in the Finance space, but still have a serious look. Keep up great content

[@chopsandarchie7015]

Blimey Patrick, this is another 15 minutes that I shall never get back. This is all finance stuff and I tuned in for rappers' beefs updates. What do Cardy- B and Nicki Minaj have to say about the reverse repo rates and bank liquidity? Are they able to over come their epic beef to hold common views? Sadly I cannot see the sistas having a sit down. you feel me blud?THE PUBLIC HAS A RIGHT TO KNOW !!!

[@philippos5547]

We love you Patrick Boyle! The best financial educator and commentator on the Internet!

[@cpmcmanaman]

Peter., you are exceptionally talented at this. The dry humor and ability to help the financial industry outsiders actually understand how the industry works and doesn’t is in a class by itself.

[@Spike_au]

I honestly don't watch this channel for the financial news. Purely for the comedy gold! 😂😂

[@mikaelkrukoff8872]

Patrick im so glad everyone is finding out about you! i remember talking with you in linkedin years ago about bitcoin uranium and and copper being big in the 2020-present. i miss those convos! youre always such a pleasure to listen and speak too!

[@liquidassets5491]

Great Job of making finance entertaining lol 😂

[@Alex-pn8om]

Congratulations, you hit 500.000 subscribers 🎉

[@HexenzirkelZuluhed]

Each time I watch one of your well informed videos, I keep thinking to myself: he's so good at underhanded dissing... he should do Rap-Battles or such on the side.

[@jscotthamilton5809]

He could be doing "chap hop", along the lines of Mr. B the Gentleman Rhymer and Professor Elemental.

[@celticlightning9703]

The dry humor is.....well....humorous! 🤣 Enjoy the coverage Patrick!

[@Alex-pn8om]

You are the Jason Statham of finance videos!

[@Victory33115]

I don't always understand the financial talk, but you're humour is priceless!

[@tonee516545]

Patrick, those can't be real Swiss Army clogs - they don't have a bottle opener! 🤣

[@emirinalli]

I love it how he didn't even flinch or even had a little smile when he was talking about market cap of CS and the market cap of Crocs. Laughed so hard. Thank you for the video Mr.Boyle I really appreciate your content.

[@newsoftheday420]

Patrick's sense of humour is dryer than the surface of Mars 😂

[@savagepro9060]

and it floods the place with tears of laughter

[@stevendefehr4393]

You are my hero ‼️ You the man 💪🏻 Cheers from Vancouver Canada

[@Stockavelli]

Patrick, please do a video on the S&L crisis and how it relates to today!

[@Paul-wd8cz]

I know I shouldn't laugh at the misfortune of others, but your delivery in the introduction is the funniest thing I've heard in a long time

[@socho2624]

“No….they managed to involve in every scandle and ALWAYS LOOSE MONEY.”😂😂😂

[@jonathanj8303]

It's like that bit from Only Fools and Horses. "I want something more important to do, I'm always just the lookout." "But you are important Rodney, you're not just a lookout. You're a special kind of lookout. You're a NO GOOD LOOKOUT."

[@socho2624]

@@jonathanj8303 😆🤣🤣

[@Bleachdemon88]

Will you make a book for Audible? I love your delivery and sense of humor and I would love to listen to a finance book with your narration style.