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Swiss National Bank says it will give Credit Suisse backing 'if necessary'

Por: Fox Business Business March 16, 2023

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Former Federal Reserve Governor Robert Heller, Solus Alternative Asset Management strategist Dan Greenhaus and Zaye Capital Markets CIO Naeem Aslam discuss the Fed's rate hike trajectory as Credit Suisse instability threatens global markets. The Swiss National Bank (SNB) indicated Wednesday it would step in to back if such a move became necessary. The SNB and Swiss Financial Market Supervisory Authority (FINMA) noted that Credit Suisse... + full article



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