Shares of embattled bank Credit Suisse hit another all-time low for a second consecutive day, dropping by as much as 18.3% around 10 a.m. London time on Wednesday. The bank’s largest investor, Saudi National Bank, said it could not provide the Swiss bank with any further financial assistance, according to a Reuters report.

Reuters

United Kingdom

Credit Suisse stock slump triggers close monitoring by regulators

Credit Suisse shares fell by as much as 23.8% and were last down 20.2%. Trading in the shares was halted a number of times by the stock exchange operator as volumes soared and the stock plummeted.

Media Bias/Fact Check

Times of India

India

Credit Suisse shares sink 20% to historic low after top shareholder rules out more assistance

A slump in the troubled lender's shares has intensified fears about a broader bank crisis.

Ad Fontes Media

All Sides

BBC News

Government of the United Kingdom

Credit Suisse to borrow up to $54bn from Swiss central bank

Fears about the world banking system spread to Europe on Wednesday as shares in the globally connected Swiss bank Credit Suisse plunged and dragged down other major European lenders in the wake of bank failures in the United States.

CBC News

Government of Canada

Canada

Bank fears spread to Europe as Credit Suisse, other big lenders see shares drop

Fears about the world banking system spread to Europe as shares in the globally connected Swiss bank Credit Suisse plunged. The steep drop on Wednesday dragged down other major European

Associated Press News

Independent Media

United States

Bank fears spread to Europe, drag down shares of big lenders

Credit Suisse shares plunged more than 20 percent to new record lows after its main shareholder said it would not provide more financial assistance to the embattled Swiss banking giant.

NDTV

Gautam Adani

New Delhi

Delhi Division

Delhi

Credit Suisse Shares Plunge 20%, Top Shareholder Rules Out More Cash

Credit Suisse shares slumped by as much as 30% on Wednesday after its largest shareholder said it could not provide further support, prompting the Swiss bank's CEO to make new assurances on its financial strength.

The Woodbridge Company

Battered shares of Credit Suisse have lost more than one-quarter of their value

abc News

The Walt Disney Company

Credit Suisse shares sink as global fears about banks grow

U.S. banks aren't the only ones having problems. Shares of Credit Suisse took a nosedive of more than 20% after Saudi backers said they would not increase their investment in the Swiss bank.

Washington Times

The Washington Times LLC

Shares of Credit Suisse tank after Saudis refuse to offer more aid

By JAMEY KEATEN
Associated Press GENEVA (AP) — Battered shares of Credit Suisse lost more than one-quarter of their value Wednesday, hitting a record low after its biggest shareholder — the Saudi National Bank — told news outlets that it would not inject more money into the Swiss bank beset by problems long before the failure of two U.S. lenders. The turmoil prompted an automatic pause in trading of Credit Suisse’s shares on the Swiss market and…

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Credit Suisse shares slide 20% after Saudi backer rules out further assistance

Credit Suisse shares slide 20% after Saudi backer rules out further assistance

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