Credit Suisse to borrow up to $54bn from Switzerland’s central bank
BBC, 16 Mar 2023
Credit Suisse has said it will borrow up to 50bn Swiss francs (£44.5bn) from the country's central bank to shore up its finances.
The troubled banking giant said it is taking "decisive action" to strengthen and simplify its business.
Shares in Credit Suisse fell 24% on Wednesday after it said it had found "weakness" in its financial reporting. #CreditSuisse #Switzerland
Please subscribe HERE http://bit.ly/1rbfUog
#CreditSuisse #Switzerland #BBCNews
The troubled banking giant said it is taking "decisive action" to strengthen and simplify its business.
Shares in Credit Suisse fell 24% on Wednesday after it said it had found "weakness" in its financial reporting. #CreditSuisse #Switzerland
Please subscribe HERE http://bit.ly/1rbfUog
#CreditSuisse #Switzerland #BBCNews
