Credit Suisse CEO said bank’s liquidity basis is “very very strong” – Reuters

Credit Suisse CEO said bank’s liquidity basis is “very very strong” – Reuters

ZURICH, March 15 (Reuters) - Credit Suisse (CSGN.S) Chief Executive Ulrich Koerner spoke of the strength of the Swiss lender's liquidity basis in an interview with CNA on Wednesday, after its share price dropped more than 30% following comments by the company's lead investor.

"Our capital, our liquidity basis is very very strong," Koerner said. "We fulfill and overshoot basically all regulatory requirements."

Earlier, Credit Suisse's largest shareholder, Saudi National Bank (1180.SE), said it would not buy more shares in the Swiss bank on regulatory grounds.