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Credit Suisse shares on worst run since 1989 as losses deepen

News2022-12-02
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Credit Suisse shares on worst run since 1989 as losses deepen The stock fell as much as 5.49% to a record low of 2.67 Swiss francs, just 6% above the price of 2.52 francs for subscription rights that Credit Suisse offered existing investors. The bank had set the price at a discount of 32% to its stock value after the strategy presentation in October.

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