Just days after shareholders at UBS’ annual meeting accused the bank’s chairman of telling fairy tales, leaders from Switzerland’s other big bank, Credit Suisse, took to the same stage in confident mood as they faced their own investors today.

While Peter Kurer was bizarrely confronted by a shareholder armed with a big red book, which turned out to be Grimm's Fairy Tales, as he prepared to step down as UBS' chairman last week, his counterpart at Credit Suisse, Walter Kielholz, today underlined to shareholders the bank's positive comparative share price performance and capital strength as he took the stage at Zurich's Hallenstadion.