Credit Suisse rescue receives initial snub from Swiss parliament

[ad_1] Switzerland’s parliament on Tuesday failed to approve the 109 billion Swiss francs ($120.5 billion) of financial guarantees used to rescue Credit Suisse last month, in a first-round vote that…

Credit Suisse more relevant to India than SVB: Jefferies

[ad_1] The Swiss bank has over Rs 20,000 crore in assets (12th among foreign banks), presence in derivatives market and funded 60% of assets from borrowings, of which 96% is…