By Reuters – published by US News & World Report, and INN News MULTI-BILLION dollar lifelines for troubled US and European banks shored up investor confidence on Friday (Mar. 17) and bolstered sentiment in battered stocks, although concerns now centre on whether a global financial crisis has been fully averted. Large US banks injected
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Credit Suisse shares sink as top shareholder rules out more cash
By Agencies and published by CNA Paris – Credit Suisse lost almost a quarter of its value on Wednesday (Mar. 15), dropping to a new record low after its largest investor said it could not provide the Swiss bank with more financial assistance. “We cannot, because we would go above 10 percent. It’s a
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