Credit Suisse Shares Soar Over 30% After Bank Secures Financial Lifeline
NDTV
Frankfurt, London and Paris won modest gains, a day after plunging about 3.5 percent over fears about the health of Credit Suisse and the wider banking system following the implosions of two US lenders.
European stock markets rebounded slightly Thursday after troubled banking giant Credit Suisse secured a big financial lifeline and before a crucial interest-rate decision by the European Central Bank.
Frankfurt, London and Paris won modest gains, a day after plunging about 3.5 percent over fears about the health of Credit Suisse and the wider banking system following the implosions of two US lenders.
The euro advanced against the dollar ahead of the ECB's rate decision due Thursday.
Oil prices dipped slightly after plunging to their lowest levels in 15 months on Wednesday.
