Credit Suisse, one of the world’s leading banking institutions, saw its shares soar by 30% on Thursday after announcing that it would be borrowing up to $54 billion from the Swiss central bank in order to shore up its finances. This was in response to its biggest shareholder not putting more money into the bank, causing its shares to plunge by 30% the day prior. The Swiss National Bank has provided the necessary funds to ensure Credit Suisse’s financial stability, helping to bolster confidence in the European banking system.