Economy

Credit Suisse shares slide 20% for second all-time low in second consecutive day

By Rachel Schilke
Published March 15, 2023 11:36am ET
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Credit Suisse shares slide 20% for second all-time low in second consecutive day
A picture taken on October 25, 2022, shows a sign of Switzerland's second-biggest bank Credit Suisse on a branch in Basel. | (Photo by Fabrice Coffrini/AFP via Getty Images)

Shares of Credit Suisse hit a second all-time low on Wednesday morning, dropping over 20% following the collapse of Silicon Valley Bank last week.

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Banks Silicon Valley Bank