Whistles, sarcasm, hollow nuts: The shareholders use the last general meeting of the major Swiss bank to settle accounts – but they are powerless. The deal with UBS stands.
From
Isabel Pfaff, Zurich
The man in the faded sweater raises his hand, he has a few walnuts in it. “A gift for you!” he says towards the podium, where Axel Lehmann and Ulrich Körner are sitting, the Chairman of the Board of Directors and the CEO of Credit Suisse. The major Swiss bank is holding its general assembly this Tuesday in the Hallenstadion in Zurich. It’s her last. Since March 19, it has been clear that Credit Suisse will be taken over by its competitor, UBS. For the last time, the almost 130,000 shareholders have the opportunity to comment on their bank. More than 1700 of them are there in person that day.