Crisis at Credit Suisse: share temporarily falls by 30 percent – ​​economy

The hope for a quick recovery of the stock markets after the collapse of the Silicon Valley Bank (SVB) was premature: On Wednesday, the uncertainty on the financial markets and fears of a banking crisis spread to the major Swiss bank Credit Suisse, whose share price fell below two francs for the first time on Wednesday morning. The value of the share fell by more than 30 percent by the early afternoon and most recently cost less than CHF 1.60 – a veritable crash.