On Wednesday, the U.S. Treasury announced it is reviewing the US’s financial exposure to Credit Suisse as the Swiss banking giant’s stock plummeted. Credit Suisse shares tumbled to a record…
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Money
Credit Suisse Shares Tumble to Record Low After Saudis Pull Funding, Trading Halts
by J Pelkeyby J PelkeyCredit Suisse shares tumbled to a record low on Wednesday after the Saudis pulled funding. Trading at Credit Suisse was halted several times on Wednesday. Saudi National Bank, which holds…