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Credit Suisse sheds nearly 25%, key backer says no more money

Por: Fox Business Business March 15, 2023

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Simpler Trading director of options Danielle Shay says she's looking ahead to short stock squeezes. ZURICH - almost a quarter of its value on Wednesday, dropping to a new record low after its largest investor said it could not provide the Swiss bank with more financial assistance. We cannot, because we would go above 10%. It’s a regulatory issue, Saudi National Bank chairman Ammar Al Khudairy said on Wednesday.The Saudi lender acquired a... + full article



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