Market Pulse
Some Credit Suisse counterparties restrict dealings around lender: report
At least four major banks have put restrictions on trades that involve troubled Swiss lender Credit Suisse Group (CSGN.EB) or its securities, Reuters reported Friday, citing people with direct knowledge of the matter. A Credit Suisse spokesperson declined to comment on the report. Credit Suisse on Thursday said it would borrow $54 billion from the Swiss National Bank to boost its liquidity. Credit Suisse's U.S.-listed American depositary receipts fell 7.9%.
-William Watts
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March 17, 2023 14:16 ET (18:16 GMT)
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