In no time, the Swiss bank got into trouble. On Wednesday, there was a huge fall of 24 percent in the stock of Credit Suisse in the international market.
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In no time, the Swiss bank got into trouble. On Wednesday, there was a huge fall of 24 percent in the stock of Credit Suisse in the international market. However, later the Central Bank of Switzerland came to the rescue and announced a $54 billion loan for Credit Suisse. Due to this announcement, there was a jump in the stock of Credit Suisse today. But during the last one year, the bank has faced continuous losses and many challenges have also come up for it. Let’s understand the whole matter in this video of Money9.
