Credit Suisse's chairman says he's 'truly sorry' as angry investors crash the rescued bank's final shareholder meeting

Tue, 04/04/2023 - 07:31

Credit Suisse Axel Lehmann — Credit Suisse chairman Axel Lehmann told shareholders he was 'truly sorry' at the failed bank's final AGM.
Pierre Albouy/Reuters

Credit Suisse Chair Axel Lehmann apologized to attendees of the bank's final shareholder meeting.
The 167-year-old Swiss bank was rescued by its longtime rival UBS last month.
Protests at Zürich's hockey arena featured a boat labeled "Crisis Suisse" in a jab at management.

Credit Suisse's chairman told shareholders Tuesday that he was "truly sorry" about the bank's recent troubles, which led it to it being rescued by longtime rival UBS.