Get the app
Help
Download the app
Anghami Plus
Browse content
Moods and genres
Podcasts
OSN Plus
Mar 2023
3m 39s
Swiss central bank pledges to help Credi...
The Economist
Play for free
About this episode
Switzerland’s central bank said it would provide liquidity to Credit Suisse “if necessary” after its share price plunged by 24%.
Hosted on Acast. See
acast.com/privacy
for more information.
Up next
Today
Nvidia’s value hits $4trn; South Korea’s ex-president re-arrested, and more
Nvidia became the first company to reach a market capitalisation of more than $4trn.
3m 50s
Jul 1
Trump’s budget vote-a-rama; America to lift Syria sanctions, and more
As debate time ended for Donald Trump’s “One Big Beautiful Bill”, the president’s tax-cutting package moved to a special session known as vote-a-rama.
3m 48s
Jun 30
Russia’s massive air attack on Ukraine; Senate advances Trump’s budget bill, and more
The head of the United Nations’ nuclear watchdog said that Iran could start producing enriched uranium again “in a matter of months”.
3m 6s
Recommended Episodes
Mar 2023
Swiss central bank ready for Credit Suisse support
Credit Suisse could be in line for support from regulators if it is needed. The comments from the Swiss National Bank come after shares in Credit Suisse plunged 24% to a record low. Banks in Lebanon are facing a crisis with depositors holding some up to get their deposits out. We ...
Show More
27m 59s
Mar 2023
Swiss central bank ready for Credit Suisse support
Credit Suisse could be in line for support from regulators if it is needed. The comments from the Swiss National Bank come after shares in Credit Suisse plunged 24% to a record low. Banks in Lebanon are facing a crisis with depositors holding some up to get their deposits out. We ...
Show More
54m 22s
Mar 2023
4:00 PM ET: Embattled Credit Suisse promised support
Switzerland’s central bank says it is ready to provide support to Credit Suisse. Listen for more details.To learn more about how CNN protects listener privacy, visit cnn.com/privacy
35s
Mar 2023
UBS agrees to buy Credit Suisse
UBS agreed to buy Credit Suisse for $3.25bn after a frantic weekend of negotiations brokered by Swiss regulators, leading central banks have taken fresh measures to improve global access to dollar liquidity, and the Biden administration is under pressure to call for an expansion ...
Show More
10m 3s
Mar 2023
Credit Suisse shares plunge as concerns over bank widen
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 t ...
Show More
26m 28s
Mar 2023
Inside UBS’s takeover of Credit Suisse
After the collapse of Silicon Valley Bank, markets were anxious, and the prestigious, yet scandal-ridden Credit Suisse looked as if it could be next to fall. But over the span of a single weekend, the Swiss government and Credit Suisse’s crosstown rival, UBS, raced against the cl ...
Show More
24m 43s
Dec 2022
Credit Suisse's last chance
At one time, Credit Suisse was considered to be among the most respected banks in Europe. The FT’s European banking correspondent Owen Walker explains how the Swiss bank is trying to make a comeback after years of scandal and losses — and what might happen if it fails. Clips from ...
Show More
20m 26s
Mar 2023
Credit Suisse gets $54 billion lifeline
Credit Suisse accepted a $54 billion bailout fund from Switzerland’s Central Bank, after its share price plunged up to 30% on Wednesday. The nation’s second largest bank’s stock price rebounded on Thursday but with issues surrounding the bank for years, investors are asking if th ...
Show More
26m 27s
Mar 2023
3:19 PM ET: UBS to buy Credit Suisse
UBS is buying Credit Suisse in bid to halt banking crisis. Listen for more details.To learn more about how CNN protects listener privacy, visit cnn.com/privacy
41s