Credit Suisse Asks Swiss Central Bank to Signal Its Support

WATCH: Credit Suisse “might be too big to fail, but also too big to be saved,” according to Nouriel Roubini.Source: Bloomberg
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Credit Suisse Group AG has asked the Swiss central bank for a public statement of support after its shares and bonds were pummeled on Wednesday, according to a person familiar with the matter.

The Swiss lender also asked its domestic regulator, known as Finma, to come out and help shore up confidence, said the person, who asked not to be named as the communication is private.