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: Credit Suisse shares fall to cap rough week

by Market Watch
March 17, 2023
in Market News
Reading Time: 1 min read

Credit Suisse shares CH:CSGN fell 5% in Zurich trade after a flattish start, with attention on the health of the Swiss banking giant. Its stock has dropped 29% this year on worries over its health after five consecutive losing quarters and about $100 billion of outflows from wealthy clients in the fourth quarter. Bloomberg reported that UBS CH:UBSG does not want to merge with its rival.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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  • : U.S. stocks end mostly higher as banks helped buoy S&P 500 after First Citizens deal - March 27, 2023
  • : GE stock surges toward 5-year high, as it breaks out of recent consolidation - March 27, 2023
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