Credit Suisse Stock Crashes to Record Low as Key Backer Says No More Money
over 2 years in theepochtimes
Credit Suisse’s shares fell to a new all-time low for the fifth consecutive day on Wednesday, following news that its largest investor, Saudi National Bank, will be unable to acquire more equity stake in the Swiss bank due to regulatory restrictions. The bank’s share price tanked by almost 30 percent in the morning, recovering to […]
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