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At Close: Sep 08, 2023
Credit Suisse shares jump after saying it will borrow from SNB and buy back debt
04:14am, Thursday, 16'th Mar 2023
Credit Suisse CSGN, -24.24% shares jumped in opening trade, recently up over 30% after saying it intended to exercise its option to borrow from the Swiss National Bank up to 50 billion francs and buyi
Credit Suisse shares leap 35% as markets cheer lifeline
03:34am, Thursday, 16'th Mar 2023
Credit Suisse shares soared by over 35% in premarket trading on Thursday, while the value of its bonds soared after the company secured a $54 billion lifeline from the Swiss National Bank to shore up
Asian stocks tumble as Credit Suisse sparks fresh turmoil for Wall Street
03:20am, Thursday, 16'th Mar 2023
BEIJING (AP) — Asian stock markets tumbled Thursday after Wall Street sank as a plunge in Credit Suisse shares reignited worries about a possible bank crisis following the failure of two U.S. lender
European stock futures rise as Credit Suisse gets lifeline, Saudi National bank head says ‘everything is fine'
03:04am, Thursday, 16'th Mar 2023
European stock futures rose early Thursday, a day after chaos swept across global markets due to a sharp fall in the shares of Credit Suisse CS CH:CSGN. “If you look at what even the Swiss National
Saudi National Bank says panic over Credit Suisse is 'unwarranted'
03:02am, Thursday, 16'th Mar 2023
"It's panic, a little bit of panic. I believe completely unwarranted, whether it be for Credit Suisse or for the entire market," he said on CNBC's "Capital Connection.
Credit Suisse Borrows $54 Billion To Shore Up Liquidity After Shares Touch Record Low
02:46am, Thursday, 16'th Mar 2023
The borrowing comes a day after the Swiss central bank said it was ready to provide Credit Suisse with liquidity “if necessary,” amid concerns about the investment bank's financial health.
On the precipice: How Credit Suisse's day of drama unfolded
01:38am, Thursday, 16'th Mar 2023
On March 16, 2008, Bear Stearns was forced into the arms of JPMorgan Chase & Co in a dramatic weekend rescue after Wall Street turned on the investment bank, fearing it would collapse.
Global markets react to Credit Suisse deal as fears hit bank stocks
12:45am, Thursday, 16'th Mar 2023
Switzerland's central bank said it was ready to provide financial support to Credit Suisse after shares in the country's second-biggest lender crashed as much as 30%. Follow for live updates.
Credit Suisse secures $54 billion lifeline as authorities rush to prevent global bank crisis
12:09am, Thursday, 16'th Mar 2023
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 glob
Credit Suisse has suffered from 'self-inflicted damage,' says analyst
12:06am, Thursday, 16'th Mar 2023
Johann Scholtz of Morningstar says Credit Suisse has been facing many "company-specific issues."
Credit Suisse plans to borrow about $54 billion from central bank
11:30pm, Wednesday, 15'th Mar 2023
Credit Suisse will borrow up to nearly $54 billion from the Swiss National Bank. The announcement came hours after Axel Lehmann, Credit Suisse chairman, said that government assistance is 'not a topic
Credit Suisse to borrow $54 billion from Swiss National Bank as it looks to shore up liquidity amid the banking crisis
10:45pm, Wednesday, 15'th Mar 2023
The Swiss bank is also offering dollar and Euro-denominated cash tenders for senior debt securities up to a total of $3 billion.
Credit Suisse Down 28% as Its Biggest Backer Refuses Additional Help
10:40pm, Wednesday, 15'th Mar 2023
Shares of Credit Suisse on the New York Stock Exchange (NYSE) fell over 28% at a fresh all-time low of $1.79 after Saudi National Bank (SNB) said it would stop providing further financial assistance t
Credit Suisse Takes Action to Strengthen Liquidity
10:03pm, Wednesday, 15'th Mar 2023
Credit Suisse said it's planning to borrow from the Swiss National Bank up to CHF50 billion under a covered loan facility. Adam Haigh and Kathleen Hays report on Bloomberg Television.
Credit Suisse to Borrow as Much as $54 Billion From Swiss Central Bank
09:49pm, Wednesday, 15'th Mar 2023
The Swiss lender had ended Wednesday fighting for its life, with shares at a record low and the cost to insure against a default the highest ever. The loan is an effort to avert further damage.
