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Credit Suisse says Swiss financial regulator ended review of remarks made by Chairman By Reuters

Credit Suisse says Swiss financial regulator ended review of remarks made by Chairman By Reuters



© Reuters. FILE PHOTO: A logo is pictured on Credit Suisse bank in Geneva, Switzerland February 22, 2023. REUTERS/Denis Balibouse//File Photo

ZURICH (Reuters) – Credit Suisse said on Friday evening it had been informed by Switzerland’s financial regulator that it had concluded its review of Chairman Axel Lehmann’s remarks on the bank’s December outflows.

“FINMA sees no reason to initiate regulatory proceedings,” Credit Suisse said in a statement after the market closed in Zurich. “The FINMA review is therefore complete.”



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