Factbox-Credit Suisse’s troubles – spies, money laundering and central bank cash

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Reuters UK

(Reuters) – Credit Suisse is to borrow up to $54 billion from the Swiss central bank to bolster liquidity and reassure investors after its shares slumped on fears of contagion from a banking crisis in the United States. The central bank lifeline is expected to give the Swiss bank time to carry out a major overhaul it had already embarked on in 2022 to recover from a string of scandals, losses and lawsuits. Here are some of the crises the bank has faced in the past few years (in reverse chronological order): SWISS CENTRAL BANK CASH Credit Suisse in March 2023 had to tap the Swiss central bank f…

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