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Bonds issued by banks and financial institutions were under pressure on Wednesday as Credit Suisse woes rekindled worries about a banking crisis.
Credit Suisse U.S. stock CS fell about 13.9% to $2.16 per share in trading Wednesday, while its shares in Europe CH:CSGN dipped below the 2 franc level, after the bank’s top shareholder, Saudi National Bank, told Bloomberg it wasn’t able to invest any more capital into the bank.
Saudi…
