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Press Release

Credit Suisse responds to today’s announcement by Finma

Credit Suisse takes note of the decision announced today by Finma to open enforcement proceedings in the context of the “observation matter”. Credit Suisse will continue to fully cooperate with Finma and is determined to support the effort to ensure a complete and expeditious conclusion of the review of this episode and incorporate lessons learned. The Board of Directors and the Executive Board of Credit Suisse agree and unequivocally affirm that the observation of employees is not part of the culture of Credit Suisse. No further comments can be made at this stage until findings are presented by Finma.