Credit Suisse gets $54B lifeline loan from the Swiss central bank | Business Arena | TVP World

By Corruption Buzz On Mar 18, 2023

The banking rollercoaster delivered further twists and turns overnight with a rescue for Credit Suisse. It noted its biggest price surge on record as trading started—though it later pared some gains—after getting a $54 billion lifeline loan from the Swiss central bank and offering to buy back $3.2 billion of its debt.

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