The withdrawn proposals includes the discharge of the board of directors and executive board for the financial year 2022. It also withdrew a proposal for a one-time deferred share-based transformation award for the executive board, the lender said in a statement.
Credit Suisse is not permitted to distribute a dividend this year, it said, adding that the lender will continue to request shareholders vote on the proposed appropriation of retained earnings, in line with the country's laws.rival Swiss bank Credit Suisse for 3 billion Swiss francs in stock and agreed to assume up to 5 billion francs in losses, in a shotgun merger engineered by Swiss authorities to avoid more market-shaking turmoil in global banking.
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