Credit Suisse gets $54 billion lifeline from Swiss National Bank
The troubled Swiss bank is also making a tender offer to buy back up to three billion francs of dollar- and euro-denominated debt.
The troubled Swiss bank is also making a tender offer to buy back up to three billion francs of dollar- and euro-denominated debt.
Analysts at Citigroup have recommended Credit Suisse to "a buy for the brave" at current levels, ahead of a restructuring plan to be announced with Q3 results on October 27.