Investing
U.S. Treasury reviewing U.S. financial sector exposure to Credit Suisse – Bloomberg News
© Reuters. FILE PHOTO: A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington, U.S., January 20, 2023. REUTERS/Kevin Lamarque/File Photo
(Reuters) – The U.S. Treasury Department is actively reviewing the U.S. financial sector’s exposure to Credit Suisse Group AG after the bank’s shares fell to a record low, Bloomberg reported on Wednesday citing people familiar with the matter.
U.S. Treasury spokesperson declined to comment on the Bloomberg report.
Read the full article here
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