European shares rise as investors cheer Credit Suisse securing lifeline, ECB in focus

  • 📰 malaymail
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 86%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

BRUSSELS, March 16 — European shares rose today, as beleaguered lender Credit Suisse rallied after a lifeline from the Swiss National Bank allayed some fears of a global banking...

BRUSSELS, March 16 — European shares rose today, as beleaguered lender Credit Suisse rallied after a lifeline from the Swiss National Bank allayed some fears of a global banking crisis, although caution prevailed ahead of a European Central Bank rate decision.

The banks sector index added 2.3 per cent in early trading, after logging its steepest one-day drop in more than a year in the previous session.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in LOANS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Credit Suisse leads Europe bank rout in renewed SVB falloutMARCH 15 — European bank stocks fell sharply today, with embattled Credit Suisse tumbling to a new low, on renewed investor concerns about stresses within the sector triggered by...
Source: malaymail - 🏆 1. / 86 Read more »

Large US banks view Credit Suisse exposure as manageableCredit Suisse shares plunged by as much as 30.8% earlier on Wednesday, leading a 7% drop in the European banking index theSun theSundaily CreditSuisse business Economy EuropeanUnion
Source: theSundaily - 🏆 25. / 51 Read more »

Credit Suisse to borrow up to 50b Swiss francs from Swiss National BankZURICH, March 16 ― Credit Suisse Group AG today said it will borrow up to 50 billion Swiss francs (RM243 billion) from the Swiss National Bank, in what it called “decisive...
Source: malaymail - 🏆 1. / 86 Read more »

Credit Suisse capital, liquidity adequate, says Swiss central bankZURICH, March 16 ― The Swiss central bank said yesterday that capital and liquidity levels at embattled Credit Suisse were adequate but stressed it was ready to make liquidity...
Source: malaymail - 🏆 1. / 86 Read more »

Credit Suisse capital, liquidity adequate, says Swiss central bankZURICH, March 16 ― The Swiss central bank said yesterday that capital and liquidity levels at embattled Credit Suisse were adequate but stressed it was ready to make liquidity...
Source: malaymail - 🏆 1. / 86 Read more »

Wall Street down as Credit Suisse sparks fresh bank selloffNEW YORK, March 16 ― US stocks pared losses late yesterday but the Dow and S&P 500 still closed lower, as problems at Credit Suisse revived fears of a banking crisis,...
Source: malaymail - 🏆 1. / 86 Read more »