SVB collapse: Shares of Credit Suisse hit new all time low in morning trading

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Shares of Credit Suisse fell by 5% this morning, hitting an all-time low in the aftermath of the failure of Silicon Valley Bank. The Swiss lender announced it had 'material weakness' in its financial reporting for 2021 and 2022.

The Swiss lender announced it had"material weakness" in its financial reporting for 2021 and 2022, leading to shares falling in morning trading.

 

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