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Credit Suisse’s Future Hinges on Overcoming a Fraught Past
How a bastion of Swiss banking lost its way.
23 Nov 2022, 07:17 AM IST ![NDTV Profit](/icons/feather-without-circle.svg)
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![Signage hangs over the entrance of a Credit Suisse Group AG branch in Zurich, Switzerland, on Sunday, Sept. 25, 2022. Inflation in Switzerland has more than doubled since the start of the year and the State Secretariat for Economic Affairs expects it to come in at a three-decade-high of 3% for 2022. Photographer: Pascal Mora/Bloomberg](https://media.assettype.com/bloombergquint%2F2022-11%2F79647dbf-f2fd-4a3a-b3a1-849d67d2d47e%2F_1x_1.jpg?rect=0%2C117%2C2000%2C1125&auto=format%2Ccompress&w=200)
Signage hangs over the entrance of a Credit Suisse Group AG branch in Zurich, Switzerland, on Sunday, Sept. 25, 2022. Inflation in Switzerland has more than doubled since the start of the year and the State Secretariat for Economic Affairs expects it to come in at a three-decade-high of 3% for 2022. Photographer: Pascal Mora/Bloomberg
(Bloomberg Markets) -- For more than 160 years, Credit Suisse Group AG’s stone-clad headquarters on Zurich’s moneyed Paradeplatz has exuded power, stability and quiet wealth. Those days are over.
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