Credit Suisse forced onto the defensive

Credit Suisse forced onto the defensive Matthew Allen Jul 5, 2016 – 15:24 When he took over at the helm of Credit Suisse last July, Tidjane Thiam could hardly have expected – just one year on – to be denying reports of the company being broken up and sold off. It has been one of those years for the bank whose share price threatened to drop below CHF10 a week ago. Much of the Swiss media hailed Thiam as a likely saviour of the struggling bank last summer. Most of these headlines have turned sour in a remarkably short time…