Credit Suisse tapped the Swiss National Bank for as much as 50 billion francs and offered to repurchase debt, seeking to stem a crisis of confidence that has sent shockwaves across the global financial system.
The troubled lender will borrow the money from a central bank liquidity facility and is making a tender offer to buy back up to three billion francs of dollar- and euro-denominated debt, according to a statement released around ...
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