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Bangkok Post
Bangkok Post
Business

European stocks rebound as Credit Suisse grabs lifeline

Concerns about Credit Suisse have hammered global markets in recent days. (Photo: AFP)

LONDON: European stock markets rebounded slightly on Thursday after troubled banking giant Credit Suisse secured a big financial lifeline and before a crucial interest-rate decision by the European Central Bank.

Frankfurt, London and Paris won modest gains, a day after plunging about 3.5% over fears about the health of Credit Suisse and the wider banking system following the implosions of two US lenders.

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