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Credit Suisse shares slip despite moves to soothe investor concerns

Shares fell as much as 10% in early trading on Monday; bank's euro-denominated bonds reach record lows; Swiss bank says its capital, liquidity are strong

credit suisse
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Reuters ZURICH
Credit Suisse shares slid by as much as 10% on Monday, reflecting market concerns ahead of a restructuring plan due to come with third-quarter results at the end of October.
 
Swiss regulator FINMA and the Bank of England in London, where the lender has a major hub, were monitoring the situation at Credit Suisse and working closely together, a source familiar with the situation said.
 
Credit Suisse's recent problems were well known and there had been no major recent developments, the source added.
The Bank of England, FINMA and the Swiss finance ministry declined to comment.
 
Chief Executive Ulrich Koerner last

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