Credit Suisse has once again found itself in a difficult spot and this time has turned to the Swiss central bank for a loan of CHF 50 billion.
The latest problem follows the collapse of Silicon Valley Bank (SVB) in the US, which has shaken the banking sector and prompted investors to spot weaknesses in other institutions.
In a statement on Wednesday (15/03/2023), the Swiss National Bank (SNB) said Credit Suisse meets the capital and liquidity requirements imposed on systemi...