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Tag: european banks

Embattled Credit Suisse shares rebound after  billion lifeline
Economy

Embattled Credit Suisse shares rebound after $54 billion lifeline

March 16, 2023March 16, 2023

Credit Suisse shares surged over 30% Thursday after asserting it could borrow as much as $53.7 billion from the Swiss central financial institution following a

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Biden vows ‘whatever needed’ as banks feel force of SVB fallout
Business

Biden vows ‘whatever needed’ as banks feel force of SVB fallout

March 13, 2023March 13, 2023

U.S. President Joe Biden pledged to do no matter was wanted to handle a threatened banking disaster after the collapses of Silicon Valley Bank and

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