Credit Suisse shares hit new record low as European banking sector returns

Photo of author

Swiss banking giant Credit Suisse saw its shares fall to a new record low on Wednesday, weighing on the broader market and the of the European banking sector following the collapse of two lenders in the US.

Credit Suisse shares CH:CSGN CS fell as much as 23%, broke below the 2 franc level and saw its shares down 75% over the past 52 weeks.


See also  WSJ Information Unique | Ford in Talks to Promote German Plant to China’s BYD