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
Disclaimer: No Business Standard Journalist was involved in creation of this content