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The Latest Breaking News on UBS reports $785m loss due to costs of Credit Suisse integration

Credit Suisse says it will borrow up to $53.7bn from central bank

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.

Credit Suisse takes $54bn loan from Swiss central bank after share price plunge

Credit Suisse takes $54bn loan from Swiss central bank after share price plunge

After largest shareholder was unable to provide backing, Europe’s 17th largest lender says it will use government help to become ‘simpler and more focused’

The Guardian - AU

Banking fears spread to Europe, dragging down shares of big lenders

Banking fears spread to Europe, dragging down shares of big lenders

On the heels of bank failures in the U.S., shares of European bank Credit Suisse fall, prompting concerns about the health of the global banking system.

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Credit Suisse to borrow up to $54 billion from Switzerland's central bank

Credit Suisse is borrowing from the Swiss National Bank under a covered loan facility.

Australian share market plunges again, hitting four-month low

The Australian share market has plunged to its lowest level since November after banking contagion spread to Europe.

Dow Jones Futures Fall: Credit Suisse Taps Swiss National Bank; First Republic Dives On Sales Report

Credit Suisse borrowed up to $54 billion from the Swiss National Bank after the Nasdaq eked out a gain Wednesday.

Investors Business Daily

Credit Suisse shares plunge amid banking jitters

Shares of Credit Suisse have plunged to a record low, after its top shareholder declined to increase its stake. The slide has added to market jitters over the state of Europe's banking sector, although it's not directly related to the recent collapse of two American lenders. Also in the show:…

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