Credit Suisse Shares Plunge as Bank Storm Spreads to Europe

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Credit Suisse Shares Plunge as Bank Storm Spreads to Europe
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Credit Suisse shares plunged, reflecting concerns that troubles that hit regional U.S. banks have migrated across the Atlantic

Credit Suisse Group AG shares fell more than 25% Wednesday and hit a, reflecting increasing concerns that troubles that hit regional U.S. banks have migrated across the Atlantic.

Other major European banks took hits, with shares in France’s two major international banks, Société Générale SA and BNP Paribas SA, both down more than 10%. Shares in Germany’s Deutsche Bank AG slid 8%.

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