No fewer than four major lenders, including Societe Generale (SCGLY) and Deutsche Bank (DB), have placed curbs on their trades involving Credit Suisse (CS) or its securities, Reuters’ Shankar Ramakrishnan, Stefania Spezzati, and Sumeet Chatterjee report, citing five sources with direct knowledge of the matter. The moves come after the Swiss central bank threw Credit Suisse a lifeline after its shares plummeted in the aftermath of this week’s U.S. banking crisis, the authors note. HSBC‘s (HSBC) private banking business has also begun to scrutinize its loans linked to the Swiss lender’s securities, the authors say. Reference Link
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