Credit Suisse needs to win back customers

We want to get back all what we lost,” said Credit Suisse CEO Koerner. “And once we are there, we go beyond and grow the business again.” — Reuters

NEW YORK: The US$54bil (RM242.2bil) lifeline won by Credit Suisse Group AG on Thursday gives it a fighting chance to rebuild its business. Some clients aren’t waiting around to find out how that goes.

In Asia, several ultra-wealthy clients continued to cut back their exposure amid the tumult this week.