Bbc News
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Credit Suisse to borrow up to $54bn from Switzerland’s central bank - BBC News
Posted
March 16, 2023
Views
75,621
Likes
975
Comments
329
Engagement
1.72%
March 16, 2023
75,621
975
329
1.72%
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3:47Now PlayingCredit Suisse has said it will borrow up to 50bn Swiss francs (£44.5bn) from the country's central bank to shore up its finances.
The troubled banking giant said it is taking "decisive action" to strengthen and simplify its business.
Shares in Credit Suisse fell 24% on Wednesday after it said it had found "weakness" in its financial reporting. #CreditSuisse #Switzerland
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#CreditSuisse #Switzerland #BBCNews
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