Recently, state regulators closed Silicon Valley Bank (US:SIVB) and Signature Bank (US:SBNY), with the Federal Deposit Insurance Corp. (FDIC) eventually assuming control. Although the troubled enterprise received a governmental lifeline, CS stock – which initially popped higher on the news – eventually closed the Thursday session flat against the prior day’s result. As Reuters noted, the Swiss extension of a lifeline to CS stock raised serious doubts regarding global central banks’ efforts to curb skyrocketing inflation through aggressive interest rate hikes.