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The Guardian - UK
The Guardian - UK
Business
Rupert Neate Wealth correspondent

Credit Suisse shares continue to fall despite efforts to calm nerves

Credit Suisse shares fell 8% on Friday.
Credit Suisse shares fell 8% on Friday. Photograph: Dado Ruvić/Reuters

Credit Suisse shares came under renewed pressure on Friday, despite fresh attempts by central banks and politicians to calm fears about a crisis in the global banking industry sparked by the collapse of two US banks this week.

Shares in Credit Suisse, Switzerland’s second largest bank, fell 8% on Friday despite securing a £45bn emergency loan from the Swiss National Bank just days earlier to shore up its liquidity after a week of panic.

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