Credit Suisse's Crisis

Credit Suisse, founded in 1856, faced numerous challenges over the years. Despite emerging strong from the 2008 financial crisis, it struggled with tax evasion cases and management issues. The bank's global operations led to risks, including a wire fraud probe in Mozambique. Financial losses mounted with the collapse of Greensill Capital and Archegos, leading to criminal convictions. Investor confidence waned, and even a $54 billion lifeline couldn't prevent its shares from hitting an all-time low.

What led to the decline in investor confidence in Credit Suisse?

What was the impact of the Swiss National Bank's $54 billion lifeline on Credit Suisse?