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World Business Report: First broadcast 15/03/2023 22:32 GMT : Swiss central bank ready to support Credit Suisse

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First broadcast 15/03/2023 22:32 GMT 

First broadcast 15/03/2023 22:32 GMT : Swiss central bank ready to support Credit Suisse

Swiss central bank ready to support Credit Suisse

BBC World Service - World Business Report, Swiss central bank ready to support Credit Suisse

Swiss regulators have said they are ready to help troubled banking giant Credit Suisse

Banking regulators in Switzerland have said they are ready to help troubled banking giant Credit Suisse "if necessary".

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 hear about the fallout from a former finance minister.

Argentina's inflation rate has soared past 100% for the first time since the end of hyperinflation in the early 90s. Consumer goods have more than doubled in price since 2022, and we hear what this means for people finances.

(Photo: The Credit Suisse logo adorns one of the Bank"s buildings at their campus in Research Triangle Park in North Carolina. Credit Reuters)

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First broadcast 15/03/2023 22:32 GMT : Swiss central bank ready to support Credit Suisse

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