Business Maverick: Credit Suisse Seeks Circuit Breaker With $54 Billion Line

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 84%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Credit Suisse Group AG sought to arrest a collapse in investor confidence Thursday by opening a 50 billion Swiss franc ($54 billion) credit line with the country’s central bank and offering to buy back debt, as executives and government officials plot ...

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 3. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Credit Suisse to borrow nearly R1 trillion from Swiss central bank | BusinessCredit Suisse announced Thursday that it would borrow almost $54 billion (R996 billion) from the Swiss central bank to reinforce the group after a plunge in its share prices. | News24_Business _Business So i take it you are not going to talk about how they got here. _Business hehe, the USA killed Credit Suisse a few years ago. If you cant hide your money in a swiss account anymore, what use is it? Now its just an expensive bank account.
La source: News24 - 🏆 4. / 80 Lire la suite »

Business Maverick: Credit Suisse Crisis Crushes a Favourite Investor Trade of 2023Investors betting on a further outperformance in European bank stocks in 2023 have been caught wrong footed by the meltdown in shares of Credit Suisse Group AG and fears of a recession.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »

Credit Suisse fears rock Asian stocks; gold and dollar soarCredit crunch concerns leave markets on edge ahead of a European Central Bank meeting
La source: BDliveSA - 🏆 12. / 63 Lire la suite »