Is Credit Suisse liquidity strong? Credit Suisse Chief Executive Ulrich Koerner has repeatedly addressed concerns, speaking of the strength of the Swiss lender\'s liquidity basis. In an interview with CNA on Wednesday, after the bank\'s share price experienced volatility, Koerner reaffirmed the institution\'s stability. A memo to staff from Credit Suisse Chief Executive Ulrich Koerner reassured them of its financial stability following a slide in the share price.
Facing market pressures, Credit Suisse took "decisive action" to bolster its liquidity, borrowing up to US$54 billion from the Swiss central bank. This move followed a slump in the bank\'s valuation. Experts suggest global rules on liquid asset requirements for banks need adjustments after events like the Silicon Valley Bank collapse and the subsequent rescue of Credit Suisse.
As reported by Reuters, Credit Suisse Chief Executive Ulrich Koerner told staff in a memo, confirmed by the bank, that Credit Suisse maintains solid capital and liquidity. This communication aimed to provide further reassurance amidst ongoing market scrutiny. The question of Credit Suisse liquidity remains a key focus for investors and analysts alike.