Credit Suisse secures $54 billion lifeline as authorities rush to avert global bank crisis,Credit Suisse 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 banking crisis.
Credit Suisse secures $54 billion lifeline as authorities rush to avert global bank crisis
Credit Suisse 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 banking crisis.
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