Problems at Switzerland’s second-biggest lender are causing bank stocks around the world to falter.
On Wednesday,
Credit Suisse
‘s top shareholder said in a Bloomberg interview that it wouldn’t invest any more money into the Swiss bank. Saudi National Bank Chairman Ammar Al Khudairy told the media outlet that taking a stake of more than 10% in Credit Suisse would trigger regulatory complications.
Source: https://www.barrons.com/articles/credit-suisse-bank-stock-price-news-26868dbd?siteid=yhoof2&yptr=yahoo