Why have Credit Suisse shares dropped so low?

Why have Credit Suisse shares dropped so low?
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 dropped below CHF10 for the first time.

IG Bank analyst Laurent Bakhtiari said the share price falling below the psychological barrier was a “shock for all the investors in the market”. “It is hard to believe that it would happen so quickly and so easily,” he said in a note, before raising a more shocking possibility.

“After years...