Credit Suisse to Borrow as Much as $54 Billion From Swiss Central Bank

Credit Suisse to Borrow as Much as $54 Billion From Swiss Central Bank

The New York Times - Business:

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.

This post first appeared in The New York Times - Business. Read the original article.