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France 24

Business

Kate MOODY

Credit Suisse shares plunge amid banking jitters

Credit Suisse Europe United Kingdom

BUSINESS DAILY © FRANCE 24

Shares of Credit Suisse have plunged to a record low, after its top shareholder declined to increase its stake. The slide has added to market jitters over the state of Europe's banking sector, although it's not directly related to the recent collapse of two American lenders. Also in the show: the UK government outlines its budget, as it tries to protect households and businesses from the ongoing cost-of-living crisis.

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