Credit Suisse shares closed down 24.24 percent at $1.83 (1.697 Swiss francs) on Wednesday after nosediving to an historic low following market panic after its main shareholder ruled out providing more funding.
For the latest headlines, follow our Google News channel online or via the app.
In a market already jittery over the risk of contagion from the collapse of two US banks, Switzerland’s second-largest bank had seen its shares lose over 30 percent earlier in the day to a record low of $1.67 (1.55 francs) a piece.
Dubai is a new hotspot for bankers chasing IPO deals
UAE issues new federal family law for non-Muslim residents
Explainer: Buying a home in Dubai's buoyant property market - all you need to know