- Credit Suisse shares fell by 30% and Swiss regulators pledged liquidity support.
- US-based banks Silicon Valley Bank and Signature Bank collapsed.
- SVB Financial Group is exploring bankruptcy protection to sell assets.
- US regulators tapped investment bank Piper Sandler Companies to relaunch the auction of Silicon Valley Bank.
- MSCI's broadest index of Asia-Pacific shares outside Japan rose by 0.6%.
Credit Suisse chaos, Silicon Valley Bank collapse: What you need to know
Swiss regulators pledged a liquidity lifeline to Credit Suisse in an unprecedented move by a central bank after the flagship Swiss lender's shares tumbled as much as 30% on Wednesday.
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