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credit suisse: Credit Suisse CFO teams to hold talks this weekend on scenarios for bank

Credit Suisse AG will hold meetings over the weekend to assess scenarios for the bank as it struggles to regain confidence from the market, people with knowledge of the matter told Reuters on Friday.

The meetings will include teams of Chief Financial Officer Dixit Joshi, the people said.

Credit Suisse declined to comment.

On Thursday, the bank tapped the option of a $54 billion loan from the Swiss National Bank.

The emergency lifeline from the central bank has provided the embattled lender with only some relief, with its battered share price resuming its descent on Friday.

With investor confidence still fleeting, some analysts have said the loan facility has only bought Credit Suisse some time to work out what to do next strategically to restore profitability.

Among possible scenarios, analysts, bankers and investors speculate that Credit Suisse could sell or wind down some of its existing units with a break up. A more decisive solution could be an outright takeover by a rival.

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