Switzerland-based global lender Credit Suisse Group AG had a rough start this week after its stock was beaten down by 11%, the value of its riskiest debt fell more than 10% and the cost of purchasing derivatives insuring against the bank defaulting rose sharply.

The bank’s stock eventually recovered most of the losses by the end of the day Monday, Oct. 3. Still, the global lender’s market capitalization is at about half of what it was at the start of the year and its earnings for the first half of the year are in the red. 

Adding to the global lender’s woes details ⇒

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