BBCNEWS World Business Report July 6, 2024
after major concerns over the bank's finances. its shares fell by almost a third on wednesday at one point, forcing the swiss central bank to take action. it issued a statement saying credit suisse can borrow up to $54 billion us to boost its bottom line. today the shares have rebounded and are currently up just over 20%. the selling has continued in asia today, with japan's topix banks index falling more than 4%, after recording its worst day in three years earlier this week. we're nowjoined by craig erlam, who's senior market analyst at oanda. for the story to come out was unfortun...