Credit Suisse Delays Annual Report on SEC Query

The SEC has requested to review Credit Suisse's 2019-2020 results, raising concerns about the bank's financial reporting. The delay in releasing the annual report is unusual and has led to uncertainty about the seriousness of the issue. While it may be a cautious move by the bank, it has negatively impacted investor confidence, as reflected in the stock's decline. The situation adds to the challenges Credit Suisse is facing, although the focus on past results might offer some reassurance to investors.

What specific years' results is the SEC interested in regarding Credit Suisse?

• 2018-2019

• 2019-2020

• 2020-2021

• 2021-2022

Why might Credit Suisse delay their annual report?

• To improve their stock performance

• Because of previous questions from the SEC

• Due to a major financial crisis

• To align with US banks' practices

What is a potential reason for US banks not setting specific dates for their annual reports?

• To prevent investor panic

• To avoid regulatory scrutiny

• To allow flexibility in reporting

• To synchronize with international banks

What aspect of Credit Suisse's financials is not directly impacted by the SEC inquiry?

• 2019 results

• Cash flow statements

• 2020 results

• 2022 results

How has the SEC inquiry affected Credit Suisse's stock?

• The stock has risen

• The stock has remained stable

• The stock has been unaffected

• The stock has fallen