ZURICH -Credit Suisse shares hit a new all-time low in early trading on Friday as the European banking sector suffered the fallout from a sharp sell-off in U.S. financial stocks. The embattled bank's stock fell to 2.463 Swiss francs on the Swiss Market Index amid the sell-off. Rival UBS was down 4.7 percent as European banking stocks headed for their largest one-day fall in nine months. Europe's STOXX banking index was down 4.2 percent and set for its biggest one-day slide since early June, with declines for most major names including HSBC down 4.

https://business.inquirer.net/390422/credit-suisse-shares-hit-new-all-time-low-as-banks-hit-by-u-s-fallout

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