: Credit Suisse gets liquidity promise, but Wall Street not ‘out of the woods yet’

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Marquis Haslett
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: Credit Suisse gets liquidity promise, but Wall Street not ‘out of the woods yet’
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1 It sounds like a Swiss ‘do whatever it takes’ moment, says DWS Group’s head of Americas trading
1.1 Investors are on edge after Credit Suisse shares fall to about $2 a piece in New York trading.


It sounds like a Swiss ‘do whatever it takes’ moment, says DWS Group’s head of Americas trading

Investors are on edge after Credit Suisse shares fall to about $2 a piece in New York trading.


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Investors remain on edge about the potential for more banking turmoil to unfold after shares of Credit Suisse fell to about $2 a share on Wednesday and the Swiss National Bank said it would provide liquidity.

“Credit Suisse is front-and-center,” said Jeff Schulze, investment strategist at ClearBridge Investments, by phone Wednesday after markets closed in New York.

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