Credit Suisse Stock Tests Record Lows After Bank Secures $4 Billion…


Credit Suisse’s stock is testing record lows, even as the Swiss bank is pulling in about $4.2 billion of new equity funding to shore up its finances.
Its shares fell nearly another 5% on Friday to as low as 3.37 Swiss francs, a new intraday nadir and set to be its lowest closing price on record.


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