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Credit Suisse’s largest investor, Saudi National Bank, said it could not provide the Swiss bank with any further financial assistance, according to a Reuters report.

“We cannot because we would go above 10%. It’s a regulatory issue,” Saudi National Bank Chairman Ammar Al Khudairy told Reuters Wednesday.

Several Italian banks were also subject to automatic trading stoppages after sharp declines, including UniCredit

, Finecobank and Monte Dei Paschi


https://www.cnbc.com/2023/03/15/credit-s...tance.html