Credit Suisse accessed billions in liquidity last weekend - finance minister

  • 📰 Reuters
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Credit Suisse tapped the Swiss National Bank for 'a large multi-billion amount' last weekend to secure its liquidity, the country's finance minister Karin Keller-Sutter told Swiss broadcaster SRF on Saturday.

Federal Councillor and chief of the finance federal department Karin Keller-Sutter attends a news conference on Credit Suisse after UBS takeover offer, in Bern, Switzerland, March 19, 2023. REUTERS/Denis Balibousetapped the Swiss National Bank for "a large multi-billion amount" last weekend to secure its liquidity, the country's finance minister Karin Keller-Sutter told Swiss broadcaster SRF on Saturday.

"Last weekend, a large multi-billion amount was withdrawn by Credit Suisse for liquidity protection," Keller-Sutter said. She said this was because customers had again withdrawn money, but also because counterparties were demanding guarantees when they are doing business with the bank. Keller-Sutter said "it is to be assumed" that the figure was above 50 billion Swiss francs , but said the Swiss National Bank had the exact number.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 2. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

😳😂

So you thought only about “shareholders” and looked away from employees ?

Well, add UBS to it.

Since their bailout out from Swiss National and then the merger with UBS one could hope they will fix their negative returns and increasing debt. However, I think now there will be no accountability for the mistakes made within Credit Suisse and the board.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Buy this defensive exchange operator poised to benefit from ongoing market volatility, Credit Suisse saysCredit Suisse views this exchange operator as a defensive addition to any portfolio during these trying times. Credit Suisse says!? 😂🤣😂🤣😂👍 UBS? “Credit Suisse says” - next article!
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »