BBCNEWS BBC News July 6, 2024
the swiss central bank has agreed to provide a loan of more than $50 billion to the troubled banking giant, credit suisse, if needed. shares in the bank have plunged 24%, sparking a wider sell—off in european stocks, which closed down more than 3%. it comes days after the failure of silicon valley bank in the us. our correspondent, michelle fleury, has more. hopes michelle fleury, has more. the problems of us bar would hopes the problems of us banks would stay in the us haven't panned out, shares in switzerland is second largest bank credit suisse dropped 20% to record lows, should...