‘An untenable equity story’: what’s next for Credit Suisse?

Credit Suisse's future is uncertain, as investors worry about its unprofitable business model. Options on the table include a spin-off, takeover or resolution.

March 18, 2023 . 10:38 AM

1 min read

Credit Suisse's $54bn lifeline from the Swiss central bank failed to ease investor concerns over its unprofitable business model.
Options on the table if deposits keep being pulled include tearing up its restructuring plan, spinning off its Swiss unit, or a full-blown takeover.
Credit Suisse's executives say they are intent on executing a restructuring plan, but investors remain wary.
Analysts estimate that selling off the Swiss unit could raise up to SFr15bn, nearly twice the bank's current market value.
If no buyer is found, the Swiss National Bank may feel it has little option but to take more drastic measures.