That surpassed a previous high set during the most acute phase of the financial crisis some 15 years ago.
A group of Democratic US lawmakers also asked regulators and the Department of Justice for a probe into the role ofMarket troubles linger Analysts, investors, and bankers think the loan facility from the Swiss central bank – which made it the first major global bank to take up an emergency lifeline since the 2008 financial crisis – only bought it time toIncreased financial volatility and uncertainty about Credit Suisse’s future may cloud Switzerland’s economic outlook, but the liquidity support provided to the bank is unlikely to impact the country’s public finances, DBRS Morningstar wrote in a note to investors.
First Republic Bank ended Friday down 32.8%, bringing its loss over the last 10 sessions to more than 80%.
Source: Loan Digest (loandigest.net)
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