Credit Suisse crisis: Banking giant to borrow up to $54 billion from central bank

[Dazzle]

Credit Suisse crisis: Banking giant to borrow up to $54 billion from central bank Hoping to assuage fears of a banking crisis, Credit Suisse said it would exercise an option to borrow nearly $54 billion from the central bank. This makes it the first major global bank to be given an emergency lifeline since the 2008 financial crisis.