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Credit Suisse CEO calls questions over State Street takeover 'really stupid'

Credit Suisse CEO calls questions over State Street takeover 'really stupid'

reuters.com · 06/09/2022 05:56
Credit Suisse CEO calls questions over State Street takeover 'really stupid'

- Credit Suisse CSGN.S Chief Executive Thomas Gottstein on Thursday called queries over a potential takeover offer from U.S. financial giant State Street STT.N "really stupid", shutting down questions after a media report on the matter sent shares briefly spiking the day before. nL8N2XV484 nL1N2XW0IU

"We never comment on rumours. And my father once gave me advice: for really stupid questions, you better don't comment at all," Gottstein said, flagging a related question at the Goldman Sachs European Financials Conference. nL1N2XW0IU

"So I think I will listen to my father's advice on this one."


(Reporting by Brenna Hughes Neghaiwi, Editing by Miranda Murray)

((brenna.neghaiwi@thomsonreuters.com; +41 58 306 77 35;))