Credit Suisse struggles to reassure investors and falls on the stock market

Credit Suisse doit présenter un vaste plan de restructuration dans moins d'un mois.

Posted Oct 3, 2022, 4:32 PMUpdated Oct 3, 2022, 5:01 PM

Time may seem very long at Credit Suisse between now and October 27th. It is on this date that the second Swiss bank must announce its restructuring plan in order to restore investor confidence, after several scandals which have highlighted its weaknesses.

For several weeks, while rumors have been circulating about a possible capital increase, its title has been unscrewing on the stock market. This Monday morning, he lost up to 12% in Zurich, before recovering slightly. In the middle of the afternoon, it evolved around – 5%. Since the beginning of the year, the title Credit Suisse remains down nearly 60%.


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