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Credit Suisse shares fall on reports of Swiss regulatory inquiry into chair’s comments on client outflows

The bank's shares rose in December after bullish comments on outflows

By Penny Sukhraj
Finma's probe relates to whether comments by Credit Suisse chair Axel Lehmann were misleading, according to reports
Finma's probe relates to whether comments by Credit Suisse chair Axel Lehmann were misleading, according to reports Photo: Philipp Zinniker

Swiss markets regulator Finma is examining statements made by Credit Suisse chair Axel Lehmann in December relating to outflows from the bank, according to reports.

Credit Suisse's stock fell almost 6% on 21 February, after Reuters reported Finma's review.

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