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Credit Suisse CEO calls for investor calm

Swiss bank faces investor ire at annual meeting as top execs call for patience with turnaround efforts

Credit Suisse CEO calls for investor calm
Photo: iStockPhoto

Top executives at Credit Suisse asked shareholders at its annual meeting to be patient with the Swiss bank’s turnaround efforts and depressed stock price.

Addressing investors at Credit Suisse's annual meeting on April 29, chief executive Tidjane Thiam said that, "the development of our company's share price in recent months has been disappointing for you as shareholders, for everyone at Credit Suisse and for me personally".

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