WRAPUP 13-Credit Suisse faces crunch weekend as lifeline off

WRAPUP 13-Credit Suisse faces crunch weekend as lifeline offers limited reprieve

The frantic efforts to shore up Credit Suisse come as assurances from policymakers - from the European Central Bank to U.S. President Joe Biden - that the global banking system is safe fail to assuage fears about broader troubles in the sector. Already this week, big U.S. banks had to swoop in with a $30 billion lifeline for smaller lender First Republic, while U.S. banks altogether sought a record $153 billion in emergency liquidity from the Federal Reserve in recent days.

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