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World Business Report: First broadcast 04/04/2023 14:32 GMT : Credit Suisse chairman apologises to investors

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Credit Suisse chairman apologises to investors

First broadcast 04/04/2023 14:32 GMT 

First broadcast 04/04/2023 14:32 GMT : Credit Suisse chairman apologises to investors

BBC World Service - World Business Report, Credit Suisse chairman apologises to investors

Chairman Axel Lehmann says bank 'could not be saved'

The chairman of Credit Suisse has told investors a ‘loss of trust’ in the bank had built up long before he took over.

Furious investors have criticised Credit Suisse chairman Alex Lehmann, at the bank’s final shareholder meeting.

Mr Lehmann apologised to the audience and explained why he thought the bank had failed.  

(Picture: Credit Suisse headquarters on Paradeplatz in Zurich. Picture Credit: Getty Images)

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