Credit Suisse shares soar after central bank aid announced

Does a central bank 'helpline' keep the shaky Credit Suisse afloat?

The Swiss central bank comes to Credit Suisse's aid with an emergency loan. However, investors' confidence in the investment bank, which has been plagued by scandals for years, has not yet been restored.

Credit Suisse shares soar after central bank offers lifeline

Credit Suisse (video screenshot) (AP NEWS) – Credit Suisse shares surged Thursday after the Swiss central bank agreed to loan the bank up to 50 billion francs ($54 billion) to bolster confidence in the country’s second-biggest lender following the collapse of two U.S. banks. Credit Suisse announced the agreement before the Swiss stock market opened, sending shares up as much as 33% before they settled around a 17% gain, to 2 francs ($2.15), in l…

Credit Suisse shares soar after European Central Bank offers lifeline

Credit Suisse shares surged after the Swiss central bank agreed to loan the bank up to 50 billion francs ($54 billion) to bolster confidence in the country's second-biggest lender following the collapse of two U.S. banks.

Credit Suisse shares soar after central bank offers lifeline

Credit Suisse shares surged after the Swiss central bank agreed to loan the bank up to 50 billion francs ($54 billion) to bolster confidence in the country's second-biggest lender.

Credit Suisse shares leap 35% as markets cheer lifeline

Credit Suisse shares jumped by over 35 percent in premarket trading on Thursday, while the value of its bonds soared ...

Credit Suisse shares soar after central bank offers lifeline

GENEVA (AP) — Credit Suisse shares surged Thursday after the Swiss central bank agreed to loan the bank up to 50 billion francs ($54 billion) to bolster confidence in the country’s second-biggest lender following the collapse of two U.S. banks. Credit Suisse announced the agreement before the Swiss stock market opened, sending shares up as much as 33% before they settled around a 17% gain, to 2 francs ($2.15), in late afternoon trading. That was…