Joe Ackermann on the CS collapse: Top banker speaks plainly

2023-12-29 21:51:00

On March 19, Credit Suisse’s 167-year history ended with a bang. Mr. Ackermann, when did it become clear to you that CS could no longer be saved?

The signals have not been encouraging for a long time. I was in Helsinki on the day in question and watched the press conference there – that really affected me. Something that was very close to me has come to an end.

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