Credit Suisse to borrow more than $53 billion from Swiss central bank

Credit Suisse to borrow more than $53 billion from Swiss central bank

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Shares of Credit Suisse plunged on March 15 as the bank disclosed problems in its financial reporting, adding to jitters about global bank stability. (Video: Reuters) If the Swiss bank were “to enter a really disorderly phase, that would be a big event,” said French economist Nicolas Véron, a…

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