Credit Suisse to borrow up to about $54 billion from Swiss National Bank
166 Articles
166 Articles
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…
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…
Coverage Details
Bias Distribution
- 36% of the sources lean Right
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage