Credit Suisse CEO calls questions over State Street takeover 'really stupid' - Reuters.com

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Logo of Swiss bank Credit Suisse is seen at a branch office in Bern, Switzerland May 2, 2022. Picture taken May 2, 2022. REUTERS/Arnd Wiegmann

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ZURICH, June 9 (Reuters) - 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. read more

"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. read more

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

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Reporting by Brenna Hughes Neghaiwi, Editing by Miranda Murray

Our Standards: The Thomson Reuters Trust Principles.

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