Credit Suisse Tumbles on Report of Outflow Claims Probe

The transcript discusses a report by Reuters about Switzerland's financial regulator reviewing comments made by Axel Lehman, the chairman, regarding outflows. Lehman had stated that outflows had stopped and were gradually returning, especially in Switzerland. However, it was later found that outflows continued, prompting the regulator to investigate. The probe is in its early stages, and it is unclear if it will become formal. Credit Suisse investors are concerned about the situation.

What was the main focus of the Reuters report mentioned in the first section?

• Comments by Axel Lehman on outflows

• The financial performance of Credit Suisse

• The economic situation in Switzerland

• A new financial policy by the Swiss government

According to Lehman, what was the trend of outflows in October?

• They flattened out

• They decreased slightly

• They stopped completely

• They increased significantly

In which country did Lehman mention that outflows were gradually coming back?

• Germany

• Switzerland

• Italy

• France

What is the current status of the probe by the Swiss regulator?

• It is a formal investigation

• It is in the early stages

• It has been concluded

• It has been canceled

How did Credit Suisse investors react to the news of the probe?

• They were unaware

• They were concerned

• They were pleased

• They were indifferent