Sunday, 05 May 2024 03:32 AM
OR
Login using
Credit Suisse bounces back but investors still cautious
March 17, 2023 08:31 am
ZURICH, March 17: Credit Suisse rallied on the stock market Thursday after grabbing a $54 billion central bank lifeline in a bid to restore investor confidence but analysts remain wary about the major lender's future.
Credit Suisse secures $54 bln lifeline as authorities rush to prevent global bank crisis
March 16, 2023 09:37 am
March 16: Credit Suisse (CSGN.S) on Thursday said it would borrow up to $54 billion from the Swiss central bank to shore up liquidity and investor confidence after a slump in its shares intensified fears about a global financial crisis.
Trending
Just In
- Police arrest individuals for defrauding Rs 30 million from 219 individuals misusing discovered citizenship
- FNJ demands full press freedom, announces election on June 8
- Price of gold and silver experiences fluctuations throughout this week given instability of conflict in Middle East region
- 73 succumb to tobacco consumption every day
- In Pictures: Preparations underway for Rato Machindranath chariot procession at Lalitpur
- Meeting called by Sudurpaschim CM Sodari to seek vote of confidence postponed
- Stock Analytics Software ‘gaining popularity’ in Nepal
- Health Ministry warns of action against health facilities running illegally