The traditional Swiss bank has maneuvered itself into a downward spiral. Attempts by the new CEO to calm the situation are not working for the time being.
Of
Meike Schreiber, Frankfurt
Some people in the financial sector are joking that a café in Zurich now costs more than a Credit Suisse share. Investors only had to pay 3.50 Swiss francs on Monday for a share certificate in the traditional Swiss bank. A good five years ago it was still around 15 francs.