Credit Suisse chairman ‘truly sorry’ as anger grows
ZURICH -Credit Suisse’s chairman apologized for taking the bank to the brink of bankruptcy on Tuesday, as he faced shareholder fury over the abrupt demise of a national icon. The hastily arranged takeover by Zurich-based UBS, for which Switzerland invoked emergency legislation, bypassed Credit Suisse shareholders, who would otherwise have had a say, and all … Continue reading Credit Suisse chairman ‘truly sorry’ as anger grows
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