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Credit Suisse gets liquidity promise, but Wall Street not ‘out of the woods yet’
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Investors remain on edge about the potential for more banking turmoil to unfold after shares of Credit Suisse fell to about $2 a share on Wednesday and the Swiss National Bank said it would provide liquidity.
“Credit Suisse is front-and-center,” said Jeff Schulze, investment strategist at ClearBridge Investments, by phone Wednesday after markets closed in New York.
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