Credit Suisse stock sliding ...News

News by : (Russia Today) -
Shares in the embattled lender plunged over 10% on Friday Credit Suisse shares resumed their decline on Friday, erasing the previous session’s gains, as investor concerns continue rising despite the news of a $54 billion lifeline. The price of stock in Switzerland’s second-largest bank had dropped by more than 10% as of 13:10 GMT, following two days of sharp swings, which saw its shares jump 20% on Thursday after a nearly 25% plunge on Wednesday. The slide on Wednesday came after the bank’s biggest investor, the Saudi National Bank (SNB), said it would not be able to provide further financial assistance due to reg

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