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Credit Suisse in market spotlight despite moves to calm concerns

Credit Suisse Group AG saw its shares slide by as much as 11.5% and its bonds hit record lows on Monday before clawing back some of the losses

credit suisse
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A logo is pictured on the Credit Suisse bank in Geneva, Switzerland (Photo: Reuters)

Reuters Zurich
Credit Suisse Group AG saw its shares slide by as much as 11.5% and its bonds hit record lows on Monday before clawing back some of the losses amid concerns about the lender's ability to restructure its business without asking for more money.
The situation prompted Swiss regulator FINMA and the Bank of England in London, where the lender has a major hub, to monitor what was happening and work closely together, one source familiar with the matter said.
 
Some analysts and industry sources said the bank had enough capital and cash to deal with any crises. One analyst said investors

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