Credit Suisse shares slide 10% as the shine of its rescue package wears off
on Thursday. Shares jumped almost 20% in the wake of the news, rallying from a record low Wednesday, which came after the bank's biggest backer said there would be no more support coming.
The Swiss government is drawing up plans for a forced takeover of Credit Suisse by its bigger rival UBS, but both banks oppose the plan,The past week has been turbulent time for the global banking sector, after Silicon Valley Bank, Signature Bank, and Silvergate Capital all folded in recent days.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
DBRS Morningstar cuts Credit Suisse credit rating to 'BBB'DBRS Morningstar became the first global rating agency to cut Credit Suisse's credit score on Thursday, less than a day after a major share price plunge saw Switzerland's central bank provide emergency support to the lender.
Les mer »
What Just Happened at Credit Suisse? - The Journal. - WSJ PodcastsAs fears about the health of global banks spread from the U.S. to Europe, the bank Credit Suisse said it would tap a more than $50 billion loan from the Swiss National Bank. WSJ’s Margot Patrick explains how Credit Suisse became a cause for concern. Further Reading: - Credit Suisse Stock Price Jumps as Bank Secures $50 Billion Lifeline - Credit Suisse Promises Overhaul in Wake of Rout as Regulators Offer Lifeline - Janet Yellen Says Banking System Is Healthy After SVB Collapse Further Listening: - Can the Government Contain a Banking Crisis? - The Economy Is Too Hot for the Fed
Les mer »
CS Stock Price | Credit Suisse Group AG ADR Stock Quote (U.S.: NYSE) | MarketWatchCS | A complete CS overview by MarketWatch. View the latest market news and prices, and trading information.
Les mer »
Dow falls 600 points as Credit Suisse adds pressure to already troubled banking sector: Live updatesPressure on the financial sector grew with shares of Credit Suisse, a Swiss Bank with large U.S. operations, tumbling more than 25%.
Les mer »
S&P 500 plummets as sentiment deteriorates amidst banking contagion fears, Credit Suisse falls 24%Wall Street collapsed as the banking crisis deepened, with Credit Suisse’s (CS) stock plunged 24% in the day amidst comments from its largest sharehol
Les mer »
GBP/JPY falls below 160.50 mark amid uncertainty surrounding Credit SuisseGBP/JPY has been plummeting from the 164.00 level as Japanese Yen demand surges. It has been a while since the Yen acted as a safe haven, with the US
Les mer »