From Swiss bank loans to debt securities offerings, Credit Suisse’s plan to boost liquidity
Troubled Swiss bank Credit Suisse gained some market confidence Thursday after taking bold steps to pre-emptively strengthen its liquidity problems. Seeing it as a lifeline, investors began to park their money again in Credit Suisse, which corrected dramatically earlier this week. The Swiss-based financial services company’s rescue plan is a mix of loans from the Swiss National Bank and public debt offers.
bankboostCreditCredit Suisse crisisCredit Suisse debt securitiesCredit Suisse debt securities public takeover bidsCredit Suisse liquidityCredit Suisse liquidity enhancement planCredit Suisse liquidity lifelineCredit Suisse liquidity planCredit Suisse NewsCredit Suisse problemsCredit Suisse SharesCredit Suisse stock performanceCredit Suisse stock priceCredit Suisse Swiss NATIONAL BANK LOANdebtLiquidityloansofferingsplanSecuritiesSuissesSwiss
Joanna Swanson is Europe correspondent at the Thomson Reuters Foundation based in Brussels covering politics, culture, business, climate change, society, economies and inclusive tech. With specific focus in breaking news, she has covered some of the world's most significant stories.