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The Independent UK
The Independent UK
National
Bevan Hurley

Credit Suisse shares plunge to record low amid fears of ‘Lehman moment’

Lehman Credit Suisse Ulrich Koerner Fabrice COFFRINI CNBC US Federal Reserve
Fabrice Coffrini/AFP via Getty Images

Credit Suisse stock plunged to a record low on Monday morning amid fears over the bank’s financial health.

Shares in the Swiss-based investment bank fell by as much as 10 per cent in early trading before recovering slightly to $3.72, down about 5 per cent from Friday’s close. The stock is down 25 per cent in the past three weeks, and 60 per cent for the year.

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