Credit Suisse shares briefly sank to an all-time low on Monday while credit default swaps hit a record high.
"I know it's not easy to remain focused amid the many stories you read in the media — in particular, given the many factually inaccurate statements being made. That said, I trust that you are not confusing our day-to-day stock price performance with the strong capital base and liquidity position of the bank," Koerner said.
A price-to-book ratio measures the market value of a company's stock against its book value of equity, while earnings-per-share divides a company's profit by the outstanding shares of its common stock., including exit of U.S. investment banking, creation of a 'bad bank' to hold risky assets, and capital raise, indicate a huge overhaul is needed to turn around the bank, in our view," Ibrahim said.
"Banks being highly leveraged entities are exposed much more to sentiment of clients and most importantly to providers of funding, and that's the challenge for Credit Suisse to thread that delicate path between addressing the interests of providers of, especially, wholesale funding, and then also the interests of equity investors," Scholtz said.
"The other thing that is much different compared to the Great Financial Crisis – and that's not just the case only for Credit Suisse – is that not only are their equity capital levels much higher, you've also seen a complete overhaul of the structure of banking capitalization, something like buy-inable debt that's come along, also improves the outlook for the solvency of banks.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
No, Credit Suisse Won’t See A ‘Lehman-Style Explosion’—Here’s WhyCredit Suisse shares have plunged as credit risk continues to rise.
Leer más »
Credit Suisse investors spooked by latest concernsThe firm's senior executives have spent the past few days trying to reassure clients, investors and employees of the bank's financial health, FT reports.
Leer más »
Credit Suisse is under pressure, but short sellers appear to be eyeing another global bankInvestor anxiety over Credit Suisse has sent its shares tumbling over recent days, but short sellers appear to be eyeing another European bank, data shows.
Leer más »
Credit Suisse shares bounce 4% higher in early tradeShares of Credit Suisse undefinedundefined bounced 4% higher in early action, after the Swiss systemically important institution fell as much as 12% on...
Leer más »
Credit Suisse has strong capital base and liquidity -CEO memo By Reuters*CREDIT SUISSE HAS STRONG CAPITAL BASE AND LIQUIDITY - CEO MEMO - CreditSuisse 🇨🇭🇨🇭
Leer más »
Credit Suisse is reportedly seeking to assure investors as financial concerns riseCredit Suisse executives are in talks with its investors to reassure them amid rising concerns over the bank's financial health, the Financial Times reported.
Leer más »