Credit Suisse Troubles: What's happening at the Swiss bank and how has it renewed banking crisis fears?
Fp Explainers • .Credit Suisse shares plunged to record lows of 30 per cent, prompting it to borrow $54 billion from the Swiss central bank. This plummet comes just days after the collapse of Silicon Valley Bank and Signature Bank in the US, sparking concerns about the health of the global financial system
