CREDIT SUISSE Credit Suisse on Thursday said it would borrow up to $54 billion from the Swiss central bank to shore up liquidity and investor confidence after a slump in its shares intensified fears about a global financial crisis. The Swiss bank's announcement helped stem heavy selling in financial markets in Asian morning trade on Thursday, following torrid sessions in Europe and the United States overnight as investors fretted about potential runs on global bank deposits. ANALYSIS: Swiss blank cheque wins some time for Credit Suisse SWATCH GROUP Full year results due.
SWISS RE Full year results due.
ANALYSTS' VIEWS POLYPEPTIDE GROUP AG : CREDIT SUISSE CUTS TARGET PRICE TO CHF 21 FROM CHF 26 VAT GROUP AG : CREDIT SUISSE RAISES TARGET PRICE TO CHF 368 FROM CHF 350 SKAN GROUP AG : CREDIT SUISSE ASSUMES COVERAGE WITH OUTPERFORM VS NEUTRAL; TARGET PRICE CHF 82 VS CHF 67 GEBERIT : HSBC RAISES TARGET PRICE TO CHF 483 FROM CHF 435 DUFRY AG : HSBC RAISES TARGET PRICE TO CHF 57 FROM CHF 56
ECONOMY No major Swiss economic data scheduled. (Reporting by Zurich newsroom and Berlin Speed Desk)
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