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Deutsche Bank and UBS shares hammered as banking fears keep tight grip By Reuters
Stock Market

Emergency Credit Suisse rescue shakes faith in Switzerland By Reuters

© Reuters. FILE PHOTO: The logo of Credit Suisse is pictured on a building near the Hallenstadion where took place the Annual General Meeting, two

It Wasn’t Just Credit Suisse. Switzerland Itself Needed Rescuing.
Finances

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