|Bid||0.0000 x 140000|
|Ask||0.0000 x 140000|
|Day's range||2.9400 - 3.2600|
|52-week range||2.9000 - 9.2000|
|Beta (5Y monthly)||1.23|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||0.10 (2.96%)|
|Ex-dividend date||09 May 2022|
|1y target est||9.76|
Plan back on track to put historic name on restructured capital markets and advisory business after trademark dispute
ZURICH (Reuters) -Credit Suisse is "definitely stable," Chairman Axel Lehmann told Swiss broadcaster SRF on Monday, adding that the embattled bank had seen a stabilisation in the outflows of client funds. The bank has reported sharp outflows as wealthy clients move assets elsewhere, while the bank battles to recover from a string of scandals by focusing more on its flagship wealth management franchise and pruning back investment banking. "Thankfully, the outflows have stabilised," Lehman told SRF in an interview to be broadcast on Monday.
Notable business headlines include the Saudi Arabia Crown Prince Mohammed bin Salman Al Saud weighing an investment in Credit Suisse, New Zealand seeking to require Facebook and Google pay for news, and Delta Air Lines offering pilots at least 34% pay raises.