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Lehmann Appeals To Angry Shareholders At Annual Meeting

Lehmann Appeals To Angry Shareholders At Annual Meeting Published:  2023-04-06 
Views:  247
Author:  Editorial
Published In:  Finance

 

Shareholders of Credit Suisse have been appealed to after its collapse that led to the bank’s controversial takeover by UBS. Chairman Axel Lehmann said he was “truly sorry” as it was a sad day for everybody. Reports by CNBC said a number of shareholders took to the stage over the course of the day to lambast the bank’s leadership and demand further explanation of the process and reasoning behind the deal. Swiss authorities brokered an emergency rescue of the stricken . . . .

 

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