Swiss central bank throws financial lifeline to Credit Suisse after shares pummeled
Swiss regulators pledged a liquidity lifeline to Credit Suisse in an unprecedented move by a central bank after the flagship Swiss lender’s shares tumbled as much as 30 percent on Wednesday. In a joint statement, the Swiss financial regulator FINMA and the nation’s central bank sought to ease investor fears around Credit Suisse, saying it “meets the capital and liquidity requirements … Continue reading Swiss central bank throws financial lifeline to Credit Suisse after shares pummeled
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