English
Français
Deutsch
Italiano
Português
Русский
Español
ไทย
Türkçe
简体中文
日本語
한국어
हिन्दी
Topline
Shares of Swiss banking giant Credit Suisse tumbled to a new record low Monday after the company warned last week it faces a billion-dollar profit shortfall this quarter—intensifying a weeks-long collapse spurred by speculation that the bank, long embroiled in worrisome scandals, could face a troubling liquidity crisis.
Key Facts
Credit Suisse stock fell as much as 5% on the New York Stock Exchange Monday morning to a record low of $3.41—pulling shares of Switzerland’s second-largest bank by assets down more than 65% this year; over the same period, the Dow Jones U.S. Banks Index has fallen 14%.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased
