Thursday, March 16, 2023

Credit Suisse secures lifeline from Swiss central bank

 Credit Suisse has secured a lifeline from the Swiss central bank.

It will borrow up to 54 billion dollars to boost liquidity and investor confidence, after a slump in its shares sparked fears about a global financial crisis.

Richard Kimber reports from Hong Kong.


IN: Credit Suisse

OUT: support

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LINK: 

http://www.fsnradionews.com/feeds/230316CSAsia.mp3