CNN Early Start With Christine Romans June 4, 2024 09:02:00
Little bit of value early this morning as a result of what the swiss central bank has decided which is that they would provide liquidity back stop and credit suisse have taken them up on that offer, $53 billion in terms of the loan. and they will be buying back around 2 $1/2 billion of their even debt. the story does not end here, not for credit suisse which is already undergoing a huge restructure, this is a bank plagued by problems. so as a result of the market turmoil, you have to question do...
Source: archive.org