[ad_1] ZURICH/FRANKFURT, March 15 (Reuters) – Switzerland’s central bank pledged on Wednesday to fund Credit Suisse (CSGN.S) with liquidity “if necessary,” a first for a global bank since the financial…
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Credit Suisse flags ‘material weaknesses’ in reporting, outflows not reversed
[ad_1] Delayed annual report released Auditors PwC included “adverse opinion” on bank’s internal controls Outflows “not yet reversed” ZURICH, March 14 (Reuters) – Credit Suisse (CSGN.S) said in its 2022…
Analysis: As banks break, markets hear the sound of peaking rates
[ad_1] SINGAPORE, March 13 (Reuters) – Investors scrambled to pull down global rate expectations on Monday and abandoned wagers on steep U.S. hikes next week, reckoning the biggest American bank…
Credit risk surges as investors fear bank failures threaten markets
[ad_1] NEW YORK, March 13 (Reuters) – Credit risk indicators flashed red on Monday, as investors worried about contagion risks across corporate debt markets after the collapse of Silicon Valley…
Credit Suisse shares hit new low
[ad_1] ZURICH, March 13 (Reuters) – Credit Suisse (CSGN.S) shares hit a new record low in morning trading on Switzerland’s stock exchange. Bank shares in Europe and Asia plunged on…