IS THIS 2008 AGAIN?

Fear stalks world finance

- GRAHAM HISCOTT

BANK shares rallied yesterday after crisis-hit Credit Suisse bagged a £45 billion lifeline.

But fears remain that the world could still be headed for a repeat of the 2008 global financial crisis.

The Swiss giant, founded in 1856, went cap-in-hand to the country's central bank to shore up its stricken finances.

Experts called it a vital intervention to stem mounting fears about the state of the world's banking system.