Tidjane Thiam said the Swiss bank’s balance sheet is stronger than everThe chief executive of Credit Suisse has called the sell-off in banking shares unjustified,as he sought to shore up confidence in his company and the wider sector after fears about lenders’ financial strength caused heavy share price falls across Europe.
Tidjane Thiam said Credit Suisse was “stronger than ever”, after the bank’s shares dropped 8% on Tuesday, or taking its descend since this year to 40%. Related: The five fears stalking the global banking industry Continue reading...
Source: theguardian.com