LONDON—A sharp drop in Credit Suisse CS -13.94%decrease; red down pointing triangle<svg width="16" height="16" viewBox="0 0 16 16"><defs><path id="arrow-down-filled-small_svg__a" d="M8.588 3.985l4.927 7.14-.506.86H3.02l-.534-.86 4.959-7.14z"></path></defs><use fill="currentColor" fill-rule="evenodd" transform="rotate(-180 8.008 7.992)" xlink:href="#arrow-down-filled-small_svg__a"></use></svg> Group AG’s stock is putting European bank regulations to the test.
The Swiss lender’s meltdown Wednesday prompted European Central Bank officials to call banks it supervises to ask about their exposure to the bank, people familiar with the matter said.
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