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HomeTagsAxel Lehmann

Tag: Axel Lehmann

Credit Suisse president says there were only two options: ‘merger or bankruptcy’

Credit Suisse president Axel Lehmann apologized Tuesday at the Swiss bank's general meeting of shareholders for the crisis that led to its "rushing merger" with UBS, as the other option would have been "bankruptcy." Speaking at the last general meeting of the bank's shareholders before the merger with the Swiss bank UBS in Zurich,...
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