: Credit Suisse shares jump after saying it will borrow from SNB and buy back debt


Credit Suisse CSGN, -24.24% shares jumped in opening trade, recently up over 30% after saying it intended to exercise its option to borrow from the Swiss National Bank up to 50 billion francs and buying back 3 billion francs worth of debt. European banks also rallied at the start of trade.

This article was originally published by Marketwatch.com. Read the original article here.

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