Tuesday, February 7, 2023

Pension funds are now also taking a close look at CS

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Horror week for the big bank

Pension funds are now also taking a close look at CS

It just can’t get out of the negative headlines, Credit Suisse. Towards the end of the week, share prices recovered slightly. The big bank is still far from calm.

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Uncertainty at Credit Suisse remains high.

It was a really dull week for Credit Suisse. For the first time in the history of the Escher Bank, shares fell below the 3 franc mark on Monday. On Thursday even under 2.70 francs. Cheaper than ever. At the end of the week they were back at CHF 2.95.

Of course, the Credit Suisse crisis is far from over. Uncertainty remains high. Because now it is clear: The constant negative headlines and the brutal crash in the share price also make pension advisors and pension fund managers take a closer look.

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