Credit Suisse Largest Shareholder Rules Out Financial Aid: Shares Hit All-Time Low

Credit Suisse shares are in turmoil after its largest shareholder, the Saudi National Bank, declared it would not provide further financial assistance. This announcement sent shockwaves through the market, causing Credit Suisse shares to plummet to record lows. 15 de mar. de 2025 Credit Suisse shares hit a new all-time low on Wednesday, March 15, after its largest shareholder, the Saudi National Bank, refused to provide the institution with additional investment.

The news triggered a sharp sell-off. 15 de mar. de 2025 Credit Suisse shares plunged more than 20 percent to new record lows after its main shareholder said it would not provide more financial assistance to the embattled bank. 15 de mar. de 2025 Credit Suisse shares nosedived to historic lows Wednesday after its main shareholder said it would not invest any more money, as market jitters over European lenders intensified.

The market reaction reflects deep concerns about Credit Suisse's financial stability. 15 de mar. de 2025 Credit Suisse shares fell as much as 23%, breaking below the 2 franc level and extending the declines that seen its shares drop 75% over the last 52 weeks. On 14 March, Credit Suisse faced immense pressure as confidence eroded.

In a bid to restore confidence and stabilize its financial position, Credit Suisse took swift action. 16 de mar. de 2025 Credit Suisse's shares have soared 30 per cent after announcing it will move to shore up its finances by borrowing up to nearly $81 billion from the Swiss central bank. This significant borrowing from the Swiss National Bank (SNB) aims to provide liquidity and reassure investors.

While the SNB's support offered a temporary reprieve, the long-term implications of the largest shareholder's decision and the overall market sentiment remain crucial factors to watch for Credit Suisse's future performance.