Freefall: Credit Suisse potentially ‘next shoe to fall’ as bank contagion fears spread across Europe

Shares in Credit Suisse have tanked more than 20 per cent after one of its main shareholders ruled out providing new funding to the embattled lender prompting a major sell-off in the wider European banking sector. Asked by Bloomberg TV whether the Saudi National Bank (SNB) was open to further capital injections, chair Ammar Al [...]