•Credit Suisse, founded in 1856, has faced a string of scandals in recent years, including money laundering charges and other issues •On Thursday, Credit Suisse said it would borrow up to 50bn francs from the Swiss central bank "to pre-emptively strengthen its liquidity"
Asian markets moved mostly higher on Monday amidst holidays in several countries, including China, Hong Kong and South Korea. The Bank of Japan continuing with its ultra-loose monetary policy and maintaining the status quo on the yield curve control policy helped sentiment.
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