Credit Suisse shares hit as investor fears reignite
Investors are selling shares despite an overnight rescue deal for America’s First Republic. …
The issues at Credit Suisse – which employs about 50,000 people worldwide, with around 5,000 in London – have coincided with the failure of two lenders in the US – Silicon Valley Bank (SVB) and Signature Bank – raising fears over the health of the banking system.
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