CS just celebrated their 1 year anniversary of a strategic revamp but still saw their share prices going down by 6%.
Kinner Lakhani, Deutsche Bank analyst, said the share price fall reflected the “significant pressure from restructuring” evident as Credit Suisse’s markets business underperformed its peers, as well as fears about rising loan losses in Asia, where the bank wants to lend more.
However, the chief executive of CS, Mr Tidjane Thiam has said that he believed the fall was due to profit taking instead.
Thoughts on the outlook for CS?
