Friday, March 17, 2023

Credit Suisse CFO teams to hold talks this weekend on scenarios for bank

The emergency lifeline from the central bank has provided the embattled lender with only some relief, with its battered share price resuming its descent on Friday. With investor confidence still fleeting, some analysts have said the loan facility has only bought Credit Suisse some time to work out what to do next strategically to restore profitability.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/credit-suisse-cfo-teams-to-hold-talks-this-weekend-on-scenarios-for-bank/articleshow/98740554.cms

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