Credit Suisse boss reassures its staff after share slump


Credit Suisse boss sends memo to staff reassuring them of its financial stability after slide in share price

<!–

<!–

<!– <!–

The boss of banking giant Credit Suisse has sent a memo to staff reassuring them of its financial stability after a slide in its share price. 

Chief executive Ulrich Koerner said the bank had a ‘strong capital base and liquidity position’. 

He urged employees not to confuse the ‘day to day stock price’ with the company’s underlying performance. 

Reassurance: Chief executive Ulrich Koerner said the bank had a 'strong capital base and liquidity position'

Reassurance: Chief executive Ulrich Koerner said the bank had a ‘strong capital base and…



Read the Full Article Here Dailymail

Spread the love

Leave a Reply