Credit score Suisse has appealed to the Swiss Nationwide Financial institution for a public present of assist, the Monetary Occasions reported on Wednesday, after the financial institution’s shares slid as a lot as 30 p.c and sparked a broader sell-off in European and U.S. financial institution shares.
Credit score Suisse has requested for the same response from Swiss regulator Finma, the report mentioned, citing two individuals accustomed to the matter.
SNB declined to remark in response to a query by Reuters.