Post Profile






It's not just Deutsche - European banking is utterly broken 

``All eyes are naturally focused on the specific problems of Deutsche Bank, but Deutsche is in truth no more than the canary in the coal mine. As Tidjane Thiam, chief executive of Credit Suisse, observed last week, as an entire sector, European banks are still "not really investable". Much the same disease as afflicts Continental banks also applies to British counterparts, including Royal Bank of Scotland, Barclays and even Lloyds.
read more

share
See more about: Tidjane Thiam Credit Suisse

Related Posts


Credit Suisse's Thiam wants his bonus to be cut up to 50 percent - report

Business & Finance : Business Insider: Clusterstock

ZURICH (Reuters) - Credit Suisse Chief Executive Officer Tidjane Thiam has asked the bank's board to cut his 2015 bonus by between 25 percent and 50 percent, the Financial Times reported on Monday, after the bank posted a 2.94 billi...

Credit Suisse CEO says bank has a strong balance sheet: FT

Business & Finance : Business Insider: Clusterstock

ZURICH (Reuters) - Credit Suisse Chief Executive Tidjane Thiam told the Financial Times the Swiss bank's capital position has never been better. "What I can say is that we have a strong balance sheet," Thiam said in an interview pub...

Credit Suisse CEO says bank does not need to raise capital: Bloomberg

Business & Finance : Business Insider: Clusterstock

(Reuters) - Swiss bank Credit Suisse AG does not need to raise capital "in most foreseeable scenarios", Chief Executive Tidjane Thiam said in an interview with Bloomberg. Thiam said there was no need for consolidation with other Eur...

"Russian Roulette" - Credit Suisse CEO Admits "EU Banks Not Really Investable"

Business & Finance : Zero Hedge

European banks are in a “very fragile situation” and are “not really investable as a sector" according to Credit Suisse chief executive Tidjane Thiam. Speaking at a conference in London this morning, The FT reports, the CEO of Europ...

Credit Suisse names new leader

Business & Finance : Business Report

Credit Suisse has picked Prudential’s Tidjane Thiam to replace Brady Dougan at the helm. ||| Zurich - Credit Suisse Group AG named Prudential’s Tidjane Thiam to replace Brady Dougan as chief executive officer as the bank grapples wi...

Comments


Copyright © 2016 Regator, LLC