The news on CS is here:
'Risk' was a beneficiary:
The headline grabber is that Credit Suisse says it will borrow up to CHF 50 billion from the Swiss National Bank.
Full text is here (press release):
Credit Suisse Group takes decisive action
USD/JPY has jumped from its lows earlier circa 132.50 to nudge 133.50:
It was on the move just prior to the news breaking.
