Connect with us

Hi, what are you looking for?

[stock_market_widget type="ticker-quotes" template="chart" color="#5679FF" assets="MSFT,AAPL,NFLX,GOOG,TSLA,NFLX,AMZN" animation="true" display_currency_symbol="true" api="yf" speed="50" direction="left" pause="true"]

Top Stories

Credit Suisse shares jump as Swiss banking giant says it will borrow from SNB and buy back debt

Last Updated: March 16, 2023 at 11:39 a.m. ET First Published: March 16, 2023 at 4:13 a.m. ET People walk by the New York headquarters of Credit Suisse on March 15, 2023 in New York City. Spencer Platt/Getty Images Credit Suisse shares surged 32% in opening trade, rallying as the Swiss banking giant said it
Financial Press

Published

credit-suisse-shares-jump-as-swiss-banking-giant-says-it-will-borrow-from-snb-and-buy-back-debt

People walk by the New York headquarters of Credit Suisse on March 15, 2023 in New York City.

Spencer Platt/Getty Images

Credit Suisse shares surged 32% in opening trade, rallying as the Swiss banking giant said it will tap its central bank for 50 billion francs ($54 billion) and launching an offer to buy beaten-up debt.

While the stock CH:CSGN CS came off those highs, it demonstrated that the action helped stave off some of the pressures building around the bank, which has lost money for five consecutive quarters.

Other…

In this article:,

You May Also Like

blackberry,-oracle,-kroger-are-stocks-to-watch blackberry,-oracle,-kroger-are-stocks-to-watch

Stocks

BlackBerry, Oracle, Kroger are stocks to watch

SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Thursday’s session are BlackBerry Ltd., Oracle Corp., and...

December 21, 2022
piedmont-lithium-adds-two-new-directors-to-board;-stock-soars piedmont-lithium-adds-two-new-directors-to-board;-stock-soars

Mining

Piedmont Lithium adds two new directors to board; stock soars

NAL spodumene concentrate production remains targeted for H1 2023 with revenue potential in Q3 2023. Credit: Piedmont Piedmont Lithium (Nasdaq: PLL; ASX: PLL) announced...

January 4, 2023
even-the-fbi-says-you-should-use-an-ad-blocker even-the-fbi-says-you-should-use-an-ad-blocker

Tech

Even the FBI says you should use an ad blocker

This holiday season, consider giving the gift of security with an ad blocker. That’s the takeaway message from an unlikely source — the FBI...

December 22, 2022
here's-how-us.-investors-can-position-themselves-for-the-sea-change-out-of-japan,-according-to-bank-of-america-and-citi here's-how-us.-investors-can-position-themselves-for-the-sea-change-out-of-japan,-according-to-bank-of-america-and-citi

Top Stories

Here's how U.S. investors can position themselves for the sea change out of Japan, according to Bank of America and Citi

There have been major developments out of Japan this week. The Bank of Japan surprised the market by widening its yield curve target by...

December 23, 2022
Advertisement