Credit Suisse shares fall around 10% on market concern

  • 📰 RTEbusiness
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 61%

Belgique Nouvelles Nouvelles

Credit Suisse executives spent the weekend reassuring large clients, counterparties and investors about its liquidity and capital position, reports over the weekend said.

Credit Suisse has solid capital and liquidity, chief executive Ulrich Koerner told staff in a memo last week.

The bank's executives spent the weekend reassuring large clients, counterparties and investors about its liquidity and capital position, the Financial Times reported over the weekend.Executives made the calls after spreads Credit Suisse credit default swaps , which offer protection against a company defaulting, rose sharply on Friday in an indication of investor concerns.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 16. in BE

Belgique Dernières Nouvelles, Belgique Actualités