Credit Suisse shares soar 40% after central bank lifeline

The Euro Stoxx Banks Index climbed 3.5% at 9:09 a.m. in Paris after tumbling 8.4% Wednesday, the most since March 2020, on mounting concerns over the health of Credit Suisse. The broader Stoxx 600 Banks Index rallied 3.1%. Credit-default swaps showed easing tension in debt markets.

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