Latest video updates about queen elizabeth,luther vandross,apple,chelsea vs brighton,eastenders,jim steinman,tom cruise,wimbledon,anne robinson,elephant and castle,croatia vs spain,tiafoe,basilashvili,,ewan mcgregor,peter mcgarry,cardi b,memphis depay,sharon stone,finance. Have a look at this “Credit Suisse to borrow up to $54bn from Switzerland’s central bank – BBC News” video below:
Credit Suisse has said it will borrow up to 50bn Swiss francs (£44.5bn) from the country’s central bank to shore up its finances.
The troubled banking giant said it is taking “decisive action” to strengthen and simplify its business.
Shares in Credit Suisse fell 24% on Wednesday after it said it had found “weakness” in its financial reporting. #CreditSuisse #Switzerland