Swiss credit Group AG asked the Swiss central bank to issue a public statement of support following the shock to its stocks and bonds on Wednesday, according to a person familiar with the matter.
The Swiss bank also asked the national regulator, known as Finma, to help bolster trust, said the person, who requested anonymity because the communication is private.
Shares of Credit Suisse bank plunged to the lowest level ever recorded
The Financial Times reported the news previously. Credit Suisse declined to comment.
Credit Suisse lucha por reassure investors following a major shareholder ruled out increasing its stake on Wednesday, adding to the market chaos that began with the collapse of regional banks in the United States last week.
RM/ LR
You may also like