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Credit Suisse Borrows $54 Billion from Swiss National Bank Days After Revealing Material Weakness

by Business Editor
March 16, 2023
in CHF
Reading Time: 1 min read

Credit Suisse (NYSE:CS) has taken “decisive action” to buttress its balance sheet by tapping into a CHF 50 billion ($54 billion) loan from the Swiss National Bank. (SNB) In recent days, shares of …
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