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Credit Suisse shares down 8% at the close

UBS to fire hundreds of Credit Suisse bankers: report
Source: Nicepng

Credit Suisse shares dove again on Friday, closing eight percent down on the Swiss stock exchange despite having been handed a lifeline by Switzerland’s central bank with a $54 billion loan.

Shares in the wealthy Alpine nation’s second-biggest bank ended Friday’s trading down 8.01 percent at 1.86 Swiss francs each, having dipped as low as 1.77 Swiss francs during the day as the Zurich-based lender struggled to regain the confidence of investors.

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AFP

Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency.







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