International Desk

Credit Suisse borrows to shore up liquidity; authorities fear global financial crisis

Credit Suisse announced it will borrow up to $54 billion from the Swiss central bank to boost liquidity and restore investor confidence, following a decline in its stock price that raised concerns ...

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US administration steps in to shore up confidence in banking system

WASHINGTON/SINGAPORE - Authorities in the United States took emergency measures on Sunday to restore trust in the banking system after the failure of Silicon Valley Bank  threatened to spark a...

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