
Credit Suisse Taps $54 Billion of Central Bank Funding Amid Crisis Of Confidence
Bloomberg Daybreak: Europe Edition
00:00
The European Central Bank's Plans May Be Upended According to Bloomberg Economics
Saudi National Bank chairman Amor Abdul Wahid Al Qudawai seemed to spark that huge sell-off at the bank shares slumped as much as 31% in Zurich trading. Credit Suisse bombs fell to levels that warned of deep financial crisis. Meanwhile, the European Central Bank's plans may be upended according to Bloomberg Economics. Christine Lagarde will probably engineer a 25 basis point hike for going earlier guidance of a half-point move.
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