Credit Suisse tells staff to keep working and that salary and bonus will be paid 'as previously communicated' after UBS takeover deal: reports
Meanwhile, the bank is also telling staff that their roles are"not immediately impacted" and that they should"continue to work as normal," per Bloomberg.
"We know that many of you will have been following the intense media coverage over the past 48 hours on the future of Credit Suisse and appreciate the enormous uncertainty and stress that this has caused," Axel Lehmann, the chairman of Credit Suisse, and Ulrich Körner, the bank's CEO, told staff in a separate memo, per Bloomberg.
But they added there isn't any impact on the bank's clients and day-to-day operations."Our branches and global offices will remain open, and all colleagues are expected to and should continue to come to work," they said, per the news outlet. Credit Suisse's share price closed 8% lower at 1.86 Swiss francs apiece on Friday. They are down 34% so far this year.Sign up for notifications from Insider! Stay up to date with what you want to know.
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