Finance
Credit Suisse's $54 billion lifeline gives global banks tentative respite
Credit Suisse sought to shore up its liquidity and restore investor confidence on Thursday by borrowing up to $54 billion from Switzerland's central bank, after a slide in its shares intensified fears of a global banking crisis.
Top Stories
Trending
- Hillary Clinton urges federal employees to “refuse to share information with Pulte”
- Report warns that 16 California hospitals at risk of closure
- Thousands ordered to evacuate as wildfire southwest of Denver destroys over one hundred structures
- GOP lawmaker wants Ilhan Omar records after fraud arrest
- Watch Live: Trump delivers July 4th, 250th anniversary speech at Mount Rushmore