Five months ago, following the resignation of Sir António Horta-Osório as chair of Credit Suisse, I suggested it might be a good time for a predator to strike. Boy, was I wrong.
Since then the bank’s shares have fallen by more than a third as a series of profit warnings have followed the recent string of risk management disasters. Any potential buyer could now get one of the most famous names in global banking for a much lower price.
Some...
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