Posted inBanking and Financial Institutions Credit Suisse Group AG Finances Greensill Capital Saudi National Bank Swiss Financial Market Supervisory Authority Swiss National Bank
Credit Suisse to Borrow as Much as $54 Billion From Swiss Central Bank
The Swiss lender had ended Wednesday fighting for its life, with shares at a record low and the cost to insure against a default the highest ever. The loan is an effort to avert further damage.