Credit Suisse to borrow up to $54bn from Switzerland’s central bank – BBC News

mars 16, 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…

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

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