Axel Lehmann, the chairman of Credit Suisse (CS), said he was "truly sorry" for failing to stem a loss of trust in the bank, Bloomberg’s Marion Halftermeyer reports. In remarks prepared for the bank’s annual shareholder meeting in Zurich, Lehmann said "We failed to stem the impact of legacy scandals, and counter negative headlines with positive facts," and that in the end, "the bank could not be saved." Credit Suisse is being acquired by UBS (UBS). Reference Link
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