The Latest Breaking News from Credit Suisse

The president of the Stock Exchange of Thailand (SET) has rushed to calm investors’ concerns regarding the troubles of Credit Suisse and global anxiety about banks in general.

Local banks foresee only a small impact from the troubles facing Credit Suisse and some banks in the United States due to their low external exposures and strong capital positions, according to the Thai Bankers’ Association.

Credit Suisse announced Thursday that it would borrow almost $54 billion from the Swiss central bank to reinforce the group after a plunge in its share prices. The disclosure came just hours after the Swiss National Bank said capital and liquidity levels at the lender were adequate for a "systemically…

Here are the AP’s latest coverage plans, top stories and promotable content. All times EDT. For up-to-the minute information on AP’s coverage, visit Coverage Plan.

Asian stock markets have tumbled 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. lenders

Swiss bank Credit Suisse said Thursday it will move to shore up its finances, borrowing up to $54 billion from the central bank after its shares plunged, dragging down other major European lenders in the wake of bank failures in the United States.

Collapse of Silicon Valley Bank (SVB) marks biggest US bank failure since Washington Mutual during 2008 financial crisis

Swiss bank Credit Suisse says it will move to shore up its finances, borrowing up to $54 billion from the central bank after its shares plunged, dragging down other major European lenders in the wake of bank failures in the United States

ZURICH: Credit Suisse announced Thursday that it would borrow almost US$54 billion from the Swiss central bank to reinforce the group after a plunge in its share prices.