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4.10.22
Credit Suisse’s Options Worsen as Markets Mayhem Takes a Toll - source bloomberg
Investors want to know how bank will pay for restructuring
Deutsche Bank and Morgan Stanley offer historical comparisons
Credit Suisse CEO Says Bank Will Rise 'Like a Phoenix'
Dixit Joshi won’t forget his first day as Credit Suisse Group AG’s chief financial officer in a hurry. And yet the experience won’t have been entirely unfamiliar for the former Deutsche Bank AG high flier.
Shares in the Swiss banking giant plummeted 12% to an all-time low on Monday after a weekend of fevered Twitter speculation about its financial health, before they regained almost all of the losses later in the day.
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New CEO Koerner sought to reassure employees in Friday memo Shares fall to a fresh record low, gauge of credit risk rises ByMarion Halfterme...
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The end of 2022 could be a nightmare for Credit Suisse. The second largest Swiss bank is once again in the line of fire, with the resurgen...