Credit Suisse to borrow up to about $54 billion from Swiss National Bank

Credit Suisse says it will borrow up to $53.7 bil from central bank

Credit Suisse announced Thursday that it would borrow almost $54 billion from the Swiss central bank to reinforce the group after a plunge in its share prices. The disclosure came just hours after the Swiss National Bank said capital and liquidity levels at the lender were adequate for a "systemically…

Credit Suisse to borrow more than $53 billion from Swiss central bank

Fears for the stability of the global financial system rose Wednesday after Credit Suisse disclosed problems in its financial reporting and said it would tap more than $53 billion in aid from Switzerland’s central bank, raising turmoil in the markets…

Credit Suisse Bank to borrow $54b

ALBAWABA - Troubled Credit Suisse bank intends to borrow billions of dollars from the central bank, in light of fears of a widespread economic crisis as result of the collapse of the American banks, Silicon Valley and Signature...

Credit Suisse will borrow up to nearly $54 billion from Swiss central bank in bid to calm fears

Shares of the financial giant had sunk to an all-time low, fueling further concerns about the stability of other big banks.

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

BusinessTroubled banking giant Credit Suisse says it will borrow up to $54 billion from the Swiss central bank to shore up its finances.Image for representation: Wikimedia Commons/Ank Kumar Troubled banking giant Credit Suisse says it will borrow up to $54 billion from the Swiss central bank to shore up its finances. The lender said it was taking decisive action to strengthen its liquidity as it looked to become a simpler bank, the BBC report…

Swiss central bank helps Credit Suisse with $54 billion loan

A svájci óriásbank részvényeinek zuhanása ismét felerősítette a globális bankválsággal kapcsolatos félelmeket.