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Troubled Swiss lender offloading assets to stay afloat

1 month ago   |   By RT

Credit Suisse has decided to sell the landmark Savoy Hotel in Zurich amid rumors the bank could collapse
Swiss banking giant Credit Suisse said on Thursday it is selling its renowned Savoy Hotel in Zurich's financial district. The announcement comes amid growing investor concerns about the bank's financial health.
Credit Suisse stated that it had put the 184-year-old hotel on Paradeplatz in the heart of the city's financial district on the market as part of a regular review of its global real estate assets. It is reportedly selling the five-star hotel for as much as 400 million Swiss...
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