Credit Suisse CDS hit record high as shares tumble

Swiss bank fails to calm concerns as cost of buying its credit default swaps soars.

Credit Suisse’s five-year CDS soared by more than 100 basis points on Monday.
Credit Suisse’s five-year CDS soared by more than 100 basis points on Monday.Foto: Arnd Wiegmann/Reuters/NTB
Publisert 3. October 2022, kl. 15.13Oppdatert 3. October 2022, kl. 15.13
Financial TimesCredit Suisse