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Credit Suisse’s $54 billion lifeline gives global banks tentative respite

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

By Tom Westbrook and David Lawder (Reuters) – Credit Suisse on Thursday said it was taking “decisive action” to strengthen its liquidity by borrowing up to $54 billion from the Swiss central bank after a slump in its shares intensified fears about a broader bank deposit

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Crypto Editor
Latest posts by Crypto Editor (see all)
  • AUD/USD and NZD/USD Fundamental Analysis: Australia Contracts - March 23, 2023
  • “Read My Lips”, Rate Cuts Are Not in Our Base Case – Chairman Powell - March 23, 2023
  • Oil and gas activity may have caused Alberta earthquake in 2022 – study - March 23, 2023
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