Credit Suisse CEO calls queries over State Street takeover 'really stupid'

Gottstein said on Thursday no joint venture or strategic option was on the table for the business, adding asset management remained a key division for Credit Suisse.

Credit Suisse Chief Executive Thomas Gottstein on Thursday called queries over a potential takeover offer from U.S. financial giant State Street "really stupid", shutting down questions after a media report on the matter sent shares briefly higher the day before.
 

"We never comment on rumours. And my father once gave me advice: for really stupid questions, you better don't comment at all," Gottstein said, flagging a related question at the Goldman Sachs European Financials Conference.
 

"So I think I will listen to my father's advice on this one."
 

Shares in Credit Suisse spiked on Wednesday afternoon, with traders citing a