Credit Suisse Is Reportedly Seeking to Assure Investors as Financial Concerns Rise
Headline from NBC 6 South Florida
Credit Suisse executives are in talks with investors to reassure them amid rising concerns over the bank’s financial health, the Financial Times reported.
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Credit Suisse executives are in talks with investors to reassure them amid rising concerns over the bank’s financial health, the Financial Times reported.
Credit Suisse shares plunged to new lows Monday, spurring swelling fears and even suggestions the bank could face a "Lehman Brothers moment", despite expert assurances it is too big to fail.
Credit Suisse Group AG tried to assuage fears about its health in a memo to employees and in a round of phone calls to investors and clients over the weekend.