: Credit Suisse publishes delayed annual report in which it admits to financial control weaknesses

by | Mar 14, 2023 | Stock Market

Credit Suisse on Tuesday published its delayed annual report — which describes material weaknesses in its financial controls — as it also announced it won’t be paying bonuses to its board after a difficult 2022 Credit Suisse shares CH:CSGN CS fell 4%, moving to levels just above the record low it reached at the worst point of trade on Monday, when the financial sector reacted to the failures of Silicon Valley Bank SIVB and Signature Bank SBNY. The…

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