Credit Suisse delays annual report after 'late call' from the SEC | CNN Business

. In the latest piece of troubling news, the beleaguered Swiss bank has delayed the publication of its 2022 annual report following a “late call” from the US Securities and Exchange Commission on Wednesday evening. The SEC got in touch over revisions the bank had previously made to its cash flow statements for 2019 and 2020, Credit Suisse\n \n said in a statement Thursday.

“Management believes it is prudent to briefly delay the publication of its accounts in order to understand more thoroughly the comments received,” it added. Shares in the bank, which have been trading around record lows, slid 3%. Credit Suisse said its 2022 financial results were not impacted. Those revealed that Credit Suisse made its biggest annual loss last year since the financial crisis in 2008. — This is a developing story and will be updated.

I thought you hacks reported how bad it was that a president took classified documents? They just found 9 more BOXES that creepy Joe took. He is a foreign agent. Why are you so called journalist not investigating this?

Wait, this SEC issue was for 2020. This story has incorrect information. (Surprise) The bank was not hit by social media speculation back then, it was hit by covid mandated closures and economic destruction by our governments. The government lockdown did this.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Credit Suisse obtains key approval to launch wealth business in ChinaCredit Suisse has received regulatory green light from China after years of waiting to launch a full-fledged wealth management business in the world's second-biggest economy, according to a company memo reviewed by Reuters. Another company strengthening an adversary? Do they think they can buy insurance to cover the rage that will occur if we go to war with a place like CCP-China, & countries/corporations profited from cuddling with them.
Source: Reuters - 🏆 2. / 97 Read more »

Credit Suisse equities business under the microscope after revenue crashAt the grandiose Fontainebleau Miami Beach hotel, Credit Suisse hosted its top clients in October amid growing doubts it was still in the securities trading game after a series of high-profile blunders. Credit Suisse shares still trading at multiyear lows. Your daily dose of Credit Suisse bashing presented by ...
Source: Reuters - 🏆 2. / 97 Read more »