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Credit Suisse sheds nearly 25%, key backer says no more money

ZURICH, March 15 (Reuters) - Credit Suisse shares slumped by as much as 30% on Wednesday after its largest shareholder said it could not provide further support, prompting the Swiss bank's CEO to make new assurances on its financial strength.Saudi National Bank (SNB) (1180.SE), which holds 9.88% of Credit Suisse (CSGN.S), said it would not…

By |2023-03-16T09:20:58+00:00March 16th, 2023|Education|0 Comments
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