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Credit Suisse: What is happening to the Swiss banking giant? - BBC News
Posted
March 15, 2023
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March 15, 2023
1,081,413
8,973
1,522
0.97%
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7:48Now PlayingShares in Credit Suisse have plunged to a record low, in the wake of last week's collapse of Silicon Valley Bank in the US.
The Swiss bank - which has been beset by problems - saw its share price fall by as much as 30% at one point.
Credit Suisse insists its financial position is not a concern.
Investors are concerned about the state of the troubled banking giant and have already been spooked by US bank failures.
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