Switzerland’s national flag flies in front of the headquarters of Credit Suisse in Zurich on July 27, 2022. Photo: Reuters
Switzerland’s national flag flies in front of the headquarters of Credit Suisse in Zurich on July 27, 2022. Photo: Reuters

Credit Suisse seeks to reassure investors as shares hit record low

  • The shares dropped as much as 12 per cent in Zurich trading on Monday before recovering some losses
  • The bank has lost about 60 per cent of its market value just this year alone and is on track for the biggest ever annual drop in its history

Switzerland’s national flag flies in front of the headquarters of Credit Suisse in Zurich on July 27, 2022. Photo: Reuters
Switzerland’s national flag flies in front of the headquarters of Credit Suisse in Zurich on July 27, 2022. Photo: Reuters
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