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Swiss National Bank offers support to Credit Suisse amid financial strife #Swiss #National #Bank #offers #support #Credit #Suisse #financial #strife #englishheadline


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Banking company Credit Suisse is on the brink of financial disaster prompting the Swiss National Bank to offer support.

The company will borrow $81 billion from the central bank, along with other fundraising.

Economist Nouriel Roubini tweeted that a Credit Suisse collapse would be like a Lehman Brothers moment.

English Headline

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