This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact The Epoch Times Reprints.
U.S. dollar and Euro banknotes are photographed in Frankfurt, Germany, in this illustration picture taken on May 7, 2017. Kai Pfaffenbach/Illustration/Reuters
LONDON—European currencies fell sharply on Wednesday after Credit Suisse’s tumble to a new low renewed worries about the European banking sector following Silicon Valley Bank’s collapse.
Credit Suisse shares fell around 20 percent after its biggest investors said it could not provide more backing.