Credit Suisse shares plunge as concerns over bank widen episode artwork

EPISODE · Mar 15, 2023 · 26 MIN

Credit Suisse shares plunge as concerns over bank widen

from World Business Report · host BBC World Service

The share price of Credit Suisse took another nosedive in the markets, hitting its all-time low for the second consecutive day by tanking up to 30% as Saudi National Bank, the Swiss bank's largest backer, ruled out the possibility of further financial help.Share indexes across the world including the UK's FTSE-100, the US's Dow Jones and Nasdaq have been all down as Credit Suisse put more pressure on an already-anxious market.Is Credit Suisse at risk of following Silicon Valley Bank and Signature Bank's footsteps? What impact would that have globally if it happened?In the Middle East, Lebanese banks are on indefinite strike now. Nasser Saidi, the nation’s former finance minister, will paint us a picture of what’s going on there in today's programme.(Picture: BBC)

Episode metadata supplied by the publisher feed · Published Mar 15, 2023

Embed this episode

NOW PLAYING

Credit Suisse shares plunge as concerns over bank widen

0:00 26:28

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

No similar episodes found.

Frequently Asked Questions

How long is this episode of World Business Report?

This episode is 26 minutes long.

When was this World Business Report episode published?

This episode was published on March 15, 2023.

Can I download this World Business Report episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.
URL copied to clipboard!