Credit Suisse shares drop through Terp after profit warning

Shareholders will be keenly watching two market levels for Credit Suisse shares in the weeks ahead: the theoretical ex-rights price and the subscription price for the capital increase that is under way.

Is Credit Suisse now trolling itself? That’s what it looked like this week as the bank chose the very day of its latest profit warning to announce the latest iteration of the Credit Suisse Worry Barometer.

Happily for the bank, the barometer – a survey of the biggest concerns among the Swiss population – didn’t feature Credit Suisse in the top 10 worries. But that might not come as much comfort to investors watching the bank’s stock price.

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