
© 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.”
More Stories
Custodia Bank’s membership denied for ties with crypto markets, says US Fed By Cointelegraph
Live news: Credit conditions ‘absolutely on the plate’ at next BoE decision, MPC’s Catherine Mann says
South Carolina accountant resigns over $3.5 billion error