: Credit Suisse gets liquidity promise, but Wall Street not ‘out of the woods yet’

Latest Comments

No comments to show.
: Credit Suisse gets liquidity promise, but Wall Street not ‘out of the woods yet’

Last Updated: March src5, 2023 at srcsrc:39 p.m. ET

First Published: March src5, 2023 at 8:23 p.m. ET

It sounds like a Swiss ‘do whatever it takes’ moment, says DWS Group’s head of Americas trading

Investors are on edge after Credit Suisse shares fall to about $2 a piece in New York trading.

AFP/Getty Images

Investors remain on edge about the potential for more banking turmoil to unfold after shares of Credit Suisse fell to about $2 a share on Wednesday and the Swiss National Bank said it would provide liquidity.

“Credit Suisse is front-and-center,” said Jeff Schulze, investment strategist at ClearBridge Investments, by phone Wednesday after markets closed in New York.

Read More

Tags:

Categories:

Comments are closed