# credit suisse stock

UBS to purchase Credit Suisse amid fallout from U.S. bank collapses » Officials announced the takeover on Sunday, after shares of Credit Suisse plummeted last week despite a $54 billion loan from the Swiss National Bank. Cbsnews.com

Stocks slide following Fed’s rate hike, Dow sheds more than 500 points: Live updates » The Dow Jones Industrial Average slipped as traders assessed the Federal Reserve's latest monetary policy move and weighed the central bank's next moves. Cnbc.com

Credit Suisse will borrow up to nearly $54 billion from Swiss central bank in bid to calm fears » Shares of the financial giant had sunk to an all-time low, fueling further concerns about the stability of other big banks. Cbsnews.com

Dow tumbles 1,200 points for worst day since June 2020 after hot inflation report » The stock market came under pressure after the consumer price index report for August showed higher-than-expected inflation. Cnbc.com

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