Banking
Irish bank shares fall as Credit Suisse hits new low
The troubled Swiss lender’s biggest shareholder has ruled out investing any more money in the firm
Shares in Irish banks dropped today as the sector grappled with falling confidence amid continuing issues as Credit Suisse and the fallout of the collapse of SVB.
Toady Credit Suisse’s top shareholder, whose stake has lost more than one-third of its value in three months, ruled out investing any more in the troubled Swiss bank as a bigger holding would bring additional regulatory hurdles.
“The answer is absolutely not, for many reasons outside the simplest ...