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Swiss central bank offers Credit Suisse liquidity backstop

Swiss central bank provides liquidity backstop to Credit Suisse after shares fall 30%. Chair of Saudi National Bank rules out providing more financial assistance. Credit Suisse executives hold talks with SNB and Finma.

  • Swiss central bank offers liquidity backstop to Credit Suisse after shares plunge 30%.
  • Chair of Saudi National Bank rules out providing more financial assistance to Credit Suisse.
  • Credit Suisse executives hold talks with SNB and Finma.
  • Credit Suisse has been hit by a series of scandals in recent years.
  • European Central Bank asks EU lenders to disclose their exposures to Credit Suisse.
Swiss central bank offers Credit Suisse liquidity backstop
Lender tumbles as much as 30% after top shareholder rules out participating in equity raise

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