India  

Credit Suisse Receives $54 Billion Lifeline Loan

Video Credit: Wibbitz Top Stories - Duration: 01:30s - Published
Credit Suisse Receives $54 Billion Lifeline Loan

Credit Suisse Receives $54 Billion Lifeline Loan

Credit Suisse Receives, $54 Billion Lifeline Loan.

On March 16, Credit Suisse announced that it will take out a $54 billion loan from Switzerland's central bank.

NBC reports that the move comes amid fears of a , global banking crisis.

Following the collapse of two major banks in the United States, investors have signaled widespread concerns regarding the stability of the financial sector.

Following the collapse of two major banks in the United States, investors have signaled widespread concerns regarding the stability of the financial sector.

Credit Suisse, the second-largest commercial lender in Switzerland, saw its stock recover by about 20% following its loan announcement.

Credit Suisse, the second-largest commercial lender in Switzerland, saw its stock recover by about 20% following its loan announcement.

The move reversed course on a steep decline in the wake of the collapses of Silicon Valley Bank and Signature Bank.

The move reversed course on a steep decline in the wake of the collapses of Silicon Valley Bank and Signature Bank.

NBC reports that a number of midsized and regional banks remain under pressure, including First Republic, PacWest and Western Alliance.

.

Earlier this week, First Republic's stock was downgraded to junk status by two major credit rating agencies.

.

Following the downgrade, stock in First Republic plunged 35%.

Meanwhile, stock in regional banks PacWest and Western Alliance was down 17% and 11%, respectively.

The banking instability has sent ripples through Wall Street, with the Dow Jones Industrial Average down nearly 200 points early on March 16.

.

The banking instability has sent ripples through Wall Street, with the Dow Jones Industrial Average down nearly 200 points early on March 16.


You Might Like


đź’ˇ newsR Knowledge: Other News Mentions

Switzerland Switzerland Country in Central Europe

Trump SLAPS 35% Import Tariff On Canada, Citing Ottawa’s Failure To Curb Fentanyl Flow Into U.S [Video]

Trump SLAPS 35% Import Tariff On Canada, Citing Ottawa’s Failure To Curb Fentanyl Flow Into U.S

U.S. President Donald Trump has ignited a global trade storm by raising tariffs on Canadian imports to 35%, accusing Ottawa of failing to curb fentanyl and drug flows into America. Prime Minister Mark Carney defended Canada’s efforts, but Trump claimed negotiations fell short. The new rate—up from 25%—comes amid broader tariffs hitting dozens of countries. Despite the USMCA shielding nearly 90% of Canadian exports, key goods like dairy, wood, and leather may still be taxed. Trump spared Mexico for now but warned that other nations—including Taiwan, India, Laos, and even Switzerland—face harsh levies, some as high as 41%. Critics warn of soaring consumer prices and economic disruption, but the White House insists the tariffs are "rebuilding the greatest economy in history." With global trade talks in limbo and retaliations expected, this marks Trump’s boldest move yet in his battle to reset world commerce. #TrumpTariffs #CanadaTradeWar #USCanadaTensions #35PercentTariff #GlobalTradeCrisis #DrugPolicy #USMCA #TrumpNews #FentanylCrisis #MexicoTrade #IndiaTariff #TaiwanSanctions #Laos40PercentTariff #TradeDeficit #TrumpTradePolicy #MarkCarney #WhiteHouseOrders #EconomicShockwave #TrumpVsWorld #TradeWar2025 ~GR.125~HT.408~

Credit: Oneindia    Duration: 03:35Published
Trump's Emergency Trade Crackdown: Unleashes Massive New Tariffs on Dozens of Countries | Explained [Video]

Trump's Emergency Trade Crackdown: Unleashes Massive New Tariffs on Dozens of Countries | Explained

President Donald Trump has announced sweeping new tariffs on U.S. imports from over 90 countries, with rates soaring as high as 41%. Citing emergency powers and national security concerns, Trump’s executive order targets goods ranging from coffee and textiles to steel and electronics. Major trade partners like India, Canada, China, and Switzerland are hit hard, with some facing steep penalties on top of existing tariffs. What does this mean for global trade, U.S. consumers, and diplomatic relations? We break it all down in this video. #Trump #Tariffs #TradeWar #USImports #EmergencyPowers #GlobalEconomy #India #China #Canada #USPolitics #WhiteHouse #BreakingNews #TrumpTariffs #TradeDeficit #AmericaFirst #EconomyNews ~HT.318~ED.102~PR.274~GR.125~

Credit: Oneindia    Duration: 04:50Published
Putin’s Ukraine War BACKFIRES: Austria May ABANDON Historic Neutrality & Join NATO | BIG Win For U.S [Video]

Putin’s Ukraine War BACKFIRES: Austria May ABANDON Historic Neutrality & Join NATO | BIG Win For U.S

Russia’s war on Ukraine has sparked a domino effect, pushing more European nations toward NATO. Austria, long neutral, is now debating membership as Foreign Minister Beate Meinl-Reisinger warns neutrality no longer ensures security. Joining NATO would end Austria’s historic role as a bridge between East and West, signaling a major geopolitical shift. Analysts say this move could inspire other neutral states like Switzerland and Serbia to reconsider their positions. Instead of weakening NATO, Putin’s war has strengthened and expanded the alliance, isolating Russia further #Putin #UkraineWar #NATO #Austria #Neutrality #EuropeanSecurity #Russia #BeateMeinlReisinger #DieWelt #Geopolitics #GlobalSecurity #DominoEffect #Switzerland #Serbia #NATOExpansion #Article5 #Moscow #DiplomaticShift #AlliancePolitics #EasternEurope #PutinBackfires #UkraineConflict #SecurityDebate #RussiaIsolation #CollectiveDefense #WestVsRussia #AustriaNeutrality #DefensePolicy #WarImpact #StrategicShift #EuropeNews Also Read India, China, Brazil Could Be Hit Hard For Trading With Russia: NATO Secretary Rutte :: https://www.oneindia.com/international/india-china-brazil-could-be-hit-hard-for-trading-with-russia-nato-secretary-rutte-7802537.html?ref=DMDesc This NATO Member Country Can Provide India Battle-Tested Unmanned Weapons, Tech :: https://www.oneindia.com/india/this-nato-member-country-can-provide-india-battle-tested-unmanned-weapons-tech-4175213.html?ref=DMDesc Russian President Vladimir Putin Calls PM Modi To Condemn Pahalgam Terror Attack :: https://www.oneindia.com/international/russian-president-vladimir-putin-calls-pm-modi-to-condemn-pahalgam-terror-attack-4143787.html?ref=DMDesc ~HT.410~

Credit: Oneindia    Duration: 03:11Published
Lionesses train for crunch Euros match against Italy [Video]

Lionesses train for crunch Euros match against Italy

England Lionesses hold an open training session in Zurich ahead of Tuesday’s semi-final against Italy at the UEFA European Women’s Championship in Switzerland. Report by Chinnianl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 02:21Published
Lionesses train ahead of Euros Quarter Final against Sweden [Video]

Lionesses train ahead of Euros Quarter Final against Sweden

England manager Sarina Wiegman chats to Lionesses during a training session at the Sportanlage Au in Opfikon, Switzerland. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:35Published

Wall Street Wall Street Street in Manhattan, New York

Trump Lashes Out as Fed Keeps Interest Rates Unchanged —Conflict Threatens to Destabilize US Economy [Video]

Trump Lashes Out as Fed Keeps Interest Rates Unchanged —Conflict Threatens to Destabilize US Economy

In a dramatic showdown, President Trump demands urgent interest rate cuts to stimulate the struggling economy — but the Federal Reserve stands firm, leaving rates unchanged. This escalating conflict between the White House and the central bank raises fears of economic instability and political tension. What does this mean for borrowers, investors, and the future of the U.S. economy? Watch to get the full breakdown of the battle heating up in Washington and Wall Street. #FederalReserve #InterestRates #TrumpVsFed #Economy2025 #RateCuts #USPolitics #WhiteHouse #EconomicCrisis #FinanceNews #WallStreet #BreakingNews Also Read Trump Nominates Michelle Bowman as Top Federal Reserve Regulator to Oversee Banking Rules :: https://www.oneindia.com/international/trump-nominates-michelle-bowman-federal-reserve-regulator-011-4097573.html?ref=DMDesc Donald Trump To Name Michelle Bowman As Top Bank Regulator At Federal Reserve :: https://www.oneindia.com/international/donald-trump-to-name-michelle-bowman-as-top-bank-regulator-at-federal-reserve-4093983.html?ref=DMDesc US Fed Rate Cut: Fed Cuts Rates For Second Time In 2024 :: https://www.oneindia.com/international/us-fed-rate-cut-fed-cuts-rates-for-second-time-in-2024-011-3981041.html?ref=DMDesc

Credit: Oneindia    Duration: 03:49Published

Related news from verified sources

Credit Suisse to borrow up to $54 billion from Swiss National Bank

Credit Suisse Group AG said on Thursday it intends to borrow up to 50 billion Swiss francs ($54...
IndiaTimes - Published

Credit Suisse surges 40% on lifeline, fueling bank-stock rally

Credit Suisse tapped the Swiss National Bank for as much as 50 billion francs ($54 billion) and...
IndiaTimes - Published


Related videos from verified sources

Swiss Officials Reach Emergency Deal to Save Credit Suisse [Video]

Swiss Officials Reach Emergency Deal to Save Credit Suisse

Swiss Officials , Reach Emergency Deal , to Save Credit Suisse. On March 19, Swiss officials announced a last-minute deal for an emergency takeover of the troubled Credit Suisse by fellow banking..

Credit: Wibbitz Top Stories     Duration: 01:31Published