Will Swiss National Bank Truly Save Credit Suisse?
Posted on 03/15/2023
It appears that Swiss-listed Credit Suisse is finding its funding options dry out. After European markets closed on March 15th, Swiss regulators said that Credit Suisse currently meets capital and liquidity requirements and that the Swiss National Bank will provide additional liquidity if necessary. Credit Suisse experienced customer withdrawals of 123 billion Swiss francs in…
