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After Credit Suisse, Chinese Banks Aren’t a Great Safe Harbor
Markets Heard on the Street Shares of Chinese lenders are cheap for good reason Source link
Eurozone Banks Cut Lending Even Before Latest Financial Turmoil
Economy Europe Economy Decline in bank lending could deepen as financial institutions move to retain deposits, strengthening effect of ECB rate moves Source link
Saudi Chairman of Credit Suisse’s Largest Investor Resigns
Markets Finance Ammar al-Khudairy’s remarks about Saudi National Bank’s investment in the troubled lender set off an investor panic Source link
It Wasn’t Just Credit Suisse. Switzerland Itself Needed Rescuing.
ZURICH—The chairman of Switzerland’s largest bank received an urgent call last week. On the other end were three top Swiss officials who delivered an ultimatum