Swiss central bank throws financial lifeline to Credit Suisse after shares pummelled

Swiss central bank throws financial lifeline to Credit Suisse after shares pummelled

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Swiss regulators pledged a liquidity lifeline to Credit Suisse (CSGN.S) in an unprecedented move by a central bank after the flagship Swiss lender's shares tumbled as much as 30% on Wednesday. In a joint statement, the Swiss financial regulator FINMA and the nation's central bank sought to ease…

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