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Investment Banking

Credit Suisse crisis: Panicked bankers, break-up calls and central bank injection

'There’s a palpable sense of panic,' a Credit Suisse staffer told FN

By Paul Clarke
Troubled Swiss lender was forced to tap the Swiss National Bank for CHF50bn after a 30% slump in shares
Troubled Swiss lender was forced to tap the Swiss National Bank for CHF50bn after a 30% slump in shares Photo: Getty Images

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Credit Suisse chief executive, Ulrich Körner, called on its employees to “focus on facts” after the troubled Swiss lender revealed it had tapped the Swiss National Bank for up to CHF50bn following a 30% slump in shares and signs of distress in its bonds.

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GQG Launches Buyback After Stock Tumbles on Adani Probe

GQG Launches Buyback After Stock Tumbles on Adani Probe

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