Credit Suisse Not Out Of The Woods Yet Despite SNB Lifeline

Credit Suisse

Shares of Credit Suisse Group AG (SWX:CSGN) soared on the SIX Swiss Exchange on Thursday after the embattled bank said it will exercise its option to borrow CHF50 billion ($54 billion) from the Swiss National Bank (SNB), the central bank of Switzerland. The decision has been later confirmed by the SNB and the Swiss Financial […]

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