- Credit Suisse shares crashed over 30% amid a cavalcade of bad news stories.
- Swiss National Bank must reassure investors and prevent further panic.
- Credit Suisse has enough capital and a liquidity coverage ratio of 150%.
- The ringfenced Swiss bank is the cornerstone of Credit Suisse's profit.
- Swiss National Bank promised to support Credit Suisse with liquidity if required.
Credit Suisse: Swiss National Bank must step in to halt three-way doom loop
The onus is now on the Swiss central bank to reassure investors
