Credit Suisse's Troubles Shake Global Markets and Crypto.

Credit Suisse shares resumed their decline on Friday, despite securing a $54 billion lifeline from the Swiss central bank earlier in the week. A ratings downgrade and a U.S. lawsuit offset some of the relief, and investor sentiment remains fragile. Credit Suisse saw more than $200 million net outflows from its U.S. and European managed funds after March 13. The ECB Supervisory Board convened an unscheduled meeting on Friday to discuss stress and vulnerabilities in the euro zone bank sector. Credit Suisse shares are down about 26% this week and poised for their biggest week drop since October 2008 and the global financial crisis.