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Investment Banking

Credit Suisse spared regulatory probe into chair’s outflow comments

Finma said it 'sees no sufficient grounds to open supervisory proceedings' after Axel Lehmann said outflows had 'basically stopped'

Swiss regulator's probe into whether chair's statements were misleading comes to a close with no further action
Swiss regulator's probe into whether chair's statements were misleading comes to a close with no further action Photo: Stephanie Keith/Getty Images

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Swiss regulators will not investigate Credit Suisse further after reviewing comments made by its chair around outflows from the bank.

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