Credit Suisse shares tumble 10% to new record low
Swiss banking giant Credit Suisse CSGN, -18.93% CS, -1.18% on Wednesday saw its shares fall to a new record low, with the Zurich-listed shares recently down 10% to 2 Swiss francs.
The chairman of its top shareholder, Saudi National Bank, ruled out investing any more into the bank in an Bloomberg interview. On Tuesday, Credit Suisse said in its annual report that it had material weaknesses in financial controls.
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