Swiss National Bank says it will provide Credit Suisse with liquidity if necessary
53 Articles
53 Articles
Swiss National Bank confirms that it will provide liquidity to Credit Suisse
ZURICH (Reuters) - The Swiss National Bank confirmed on Thursday that it will provide liquidity to Credit Suisse against sufficient collateral. "Within the framework of its statutory mandate, the SNB may provide liquidity to a
Credit Suisse shares surge 40pc after securing lifeline from Swiss central bank
Credit Suisse Group AG shares surged as much as 40pc after Switzerland's central bank stepped in to support the lender, triggering a rally in bank stocks across Europe on easing investor concern that the firm's troubles would trigger a global banking crisis.
Credit Suisse to borrow $54 billion from Swiss central bank
Swiss bank Credit Suisse says it will move to shore up its finances, borrowing up to $54 billion from the central bank after its shares plunged, dragging down other major European lenders in the wake of bank failures in the United States
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