U.S. Treasury monitoring Credit Suisse situation, in touch with global counterparts

The U.S. Treasury is monitoring the situation surrounding Credit Suisse and is in touch with global counterparts about it, a Treasury spokesperson said on Wednesday as the bank came under renewed market pressures after a major shareholder ruled out providing new capital.
Asked about Treasury's involvement in the Credit Suisse matter, a Treasury spokesperson said in an emailed statement: "Treasury is monitoring this situation and has been in touch with global counterparts."
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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