Business

Credit Suisse has no time to lose


Credit Suisse risk falling into a doomsday loop as worries fill the strategic void while investors wait for a new turnaround plan. Management needs to act quickly to break the cycle.

The alleged lender’s share price fell about 8% in early trading on Monday. The obvious trigger for the most recent sell-off was none other than Bank staff call customers and investors this weekend to reassure them all is within reach despite the credit-default swap rate spiked on Friday.

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