At least four major banks have put restrictions on trades that involve troubled Swiss lender Credit Suisse Group CS, -6.94% or its securities, Reuters reported Friday, citing people with direct knowledge of the matter. A Credit Suisse spokesperson declined to comment on the report. Credit Suisse on Thursday said it would borrow $54 billion from the Swiss National Bank to boost its liquidity. Credit Suisse’s U.S.-listed American depositary receipts fell 7.9%.
This article was originally published by Marketwatch.com. Read the original article here.
