A view shows a signage of Swiss bank Credit Suisse in front of an office building in Zurich, on March 16.Credit Suisse Group AG Chief Financial Officer Dixit Joshi and his team will hold meetings over the weekend to assess strategic scenarios for the embattled Swiss bank as it enters a make-or-break weekend.
In January 2022, Antonio Horta-Osorio resigned as chairman for breaching Covid-19 rules, just eight months after he was hired to fix the ailing bank. Credit Suisse has said it would borrow up to US$54 billion to shore up liquidity and investor confidence but some analysts believe that is unlikely to be enough to soothe investors.
Divesting stakes in various assets is an option as Credit Suisse owns an asset management business and a stake in Six Group, which runs the Zurich stock exchange.
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