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.