Credit Suisse Responds to Falling Share Price

Following the precipitous drop in its share price yesterday and today, amid concerns about the need for a capital injection into its ailing insurance subsidiary Winterthur, Credit Suisse Group said it could not think of any "objective reasons" for this

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Following the precipitous drop in its share price yesterday and today, amid concerns about the need for a capital injection into its ailing insurance subsidiary Winterthur, Credit Suisse Group said it could not think of any “objective reasons” for this development.

“The Group’s present capital resources remain adequate, and as stated before, no capital increase of the Group is planned,” said the banking and insurance giant.

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