Credit Suisse Top Shareholder Saudi National Bank Rules Out More Assistance; What’s Next?
Zee Business Video Team | Updated: March 15, 2023 05:41 PM IST
Credit Suisse's shares plunged to fresh lows on Wednesday as its main shareholder said it would not provide more financial assistance to the embattled Swiss banking giant. "The answer is absolutely not, for many reasons outside the simplest reason which is regulatory and statutory," Saudi National Bank said in an interview.