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Newsday: 16/03/2023 06:06 GMT : Credit Suisse secures huge central bank loans to shore up its finances

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16/03/2023 06:06 GMT 

16/03/2023 06:06 GMT : Credit Suisse secures huge central bank loans to shore up its finances

Credit Suisse secures huge central bank loans to shore up its finances

BBC World Service - Newsday, Credit Suisse secures huge central bank loans to shore up its finances

Shares in Credit Suisse fell 24% after it found "weakness" in its financial reporting

Shares in Credit Suisse fell 24% on Wednesday after it said it had found "weakness" in its financial reporting.

Credit Suisse will borrow up to $54bn from Switzerland's central bank to shore up its finances after their shares plunged on Wednesday after its major investor, the Saudi National Bank, said it would not inject further funds - can the government cash save it?

After more than a decade, Japan welcomes the South Korean leader to Tokyo - what does this meeting mean and what next for the two countries?

And we'll be speaking to the Danish foreign minister after his country pledged more than $1bn of aid to Ukraine.

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16/03/2023 06:06 GMT : Credit Suisse secures huge central bank loans to shore up its finances

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