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Credit Suisse secures $54 billion lifeline as authorities rush to avert global bank crisis » The move came after Swiss regulators pledged a liquidity lifeline to Credit Suisse in an unprecedented move by a central bank after the flagship Swiss lender's shares fell by as much as 30% on Wednesday. Credit Suisse would be the first major global bank to be given such a lifeline since the 2008 financial crisis - though central banks have extended liquidity more generally to banks during times of market stress including the coronavirus pandemic. Economictimes.indiatimes.com

Live news updates from March 15: Swiss central bank pledges to support Credit Suisse, Apple supplier predicts demand decline » Mar 15, 2023… Credit Suisse has appealed to the Swiss National Bank for a public show of support after its shares cratered as much as 30 per cent, sparking a … Ft.com

Credit Suisse will borrow up to nearly $54 billion from Swiss central bank in bid to calm fears » Shares of the financial giant had sunk to an all-time low, fueling further concerns about the stability of other big banks. Cbsnews.com

UBS to purchase Credit Suisse amid fallout from U.S. bank collapses » Officials announced the takeover on Sunday, after shares of Credit Suisse plummeted last week despite a $54 billion loan from the Swiss National Bank. Cbsnews.com

LIVE Updates on Credit Suisse, a crucial weekend with its future in balance » On Wednesday, Credit Suisse shares nosedived to historic lows following its main shareholder said it would not invest any more money with market jitters over European lenders spiralled in on the Swiss bank. Catch all the live updates on Mint. Livemint.com

Credit Suisse's Demise: A Timeline of Scandal and Failures » Credit Suisse is the latest—and, by far, the largest—victim of a new confidence crisis in banking. Its dissolution into UBS doesn’t come out of the blue, however. Here is the timeline of scandals, failures and disappointments that brought us here.  Sg.morningstar.com

Credit Suisse's Demise: A Timeline of Scandal and Failures » Credit Suisse is the latest—and, by far, the largest—victim of a new confidence crisis in banking. Its dissolution into UBS doesn’t come out of the blue, however. Here is the timeline of scandals, failures and disappointments that brought us here.  Morningstar.hk

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