GENEVA--Credit Suisse shares surged Thursday after the Swiss central bank agreed to loan the bank up to 50 billion francs($ 54 billion) to bolster confidence in the country’s second-biggest lender following the collapse of two U.S. banks. Credit Suisse announced the agreement before the Swiss stock market opened, sending shares up as much as 33% before they settled around a 17% gain, to 2 francs($ 2.15), in late afternoon trading....
That was a massive turnaround from a day earlier, when news t
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2023-03-16 00:00:00.0