Shares of embattled Swiss bank Credit Suisse fell to a record low Tuesday after a report that regulators are reviewing comments the lender’s chairman made about the health of its finances. The bank’s stock plunged as much as 9% to trade at 2.52 Swiss francs , before recovering slightly.
Credit Suisse told CNN Tuesday: “We do not comment on speculation.” The Swiss financial regulator, Finma, declined to comment. The latest cloud to emerge over Credit Suisse\n \n follows news earlier this month that the bank had suffered its biggest annual loss since the depths of the financial crisis in 2008.
after so many scandals what do they expect..swiss transparancy is zero..european rules dont work here..too much secrecy, mafia bosses at work, hiding of olygarchs money..german stolen gold...
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Credit Suisse shares fall after Swiss regulator reportedly probes chairman's remarks on outflowsCredit Suisse Group’s stock fell almost 6% on Tuesday morning following a Reuters report that Swiss financial regulator Finma is looking into comments made... Saftladen.
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