15-03-2023, 06:53 PM
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
“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