Credit Suisse’s Fate Rests in the Hands of These Power Players

Bloomberg.com— A politician, an economist, and a mathematician are among the select group of power players who will determine the future of what was once...

Financial Times—Is Credit Suisse’s demise a harbinger of doom for Europe’s banks?. It may have been the region's problem child but other institutions are not necessarily immune to the turmoil.

www.scotsman.com—Credit Suisse: Banking crisis fears ramp up after Credit Suisse £45 billion emergency loan. Fears over a banking crisis remained at the fore on Thursday after Credit Suisse said it would borrow up to 50 billion Swiss francs (£45 billion) from Switzerland’s central bank to bolster its finances, sparking hefty falls in Asian trading.

The Guardian—What are AT1 bank bonds – and why are Credit Suisse’s wiped out?. Global banking system is under pressure amid row over who should lose out first when a bank strugglesNils Pratley: Swiss solve one problem at Credit Suisse, but create another for bondholdersComment: Bonds were seen as a safe haven – but they are central to this bank crisisThe global banking system is under renewed pressure after the Swiss government-brokered takeover of Credit Suisse by its larger rival UBS, after the deal wiped out the investment of bondholders who owned about $17bn (£14bn) of...