- 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.
Financial Times — World — Credit Suisse Future — European Banks — Financial Services — Credit Suisse Group Ag
‘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.