Credit Suisse Shares Plummet as Bank Joins List of Financial Struggles
The recent news that Credit Suisse shares have plummeted is a sign of the times for the banking industry. The Swiss bank has joined a growing list of financial institutions that have been struggling in recent months. The bank's share price dropped by more than 10% on the day of the announcement, and it has continued to decline since then. The cause of the decline is multifaceted. Credit Suisse has been hit by a number of factors, including a weak economy, low interest rates, and a lack of investor confidence.