Credit Suisse business stable, chairman tells broadcaster

“When you have a capital raising with a large dilution effect, it creates a lot of uncertainty and leads to high volatility,” Lehmann says. “But I believe the situation has calmed. The business is definitely stable.” — Reuters

ZURICH: Credit Suisse is “definitely stable,” chairman Axel Lehmann says.

Speaking to Swiss broadcaster SRF on Monday, he added that the embattled bank had seen a stabilisation in the outflows of client funds.