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“We have a 166-year-old history, and I’m a strong believer that as an independent company alongside other large banks in Europe and in Switzerland, that’s the future of the bank,” Lehmann said in a video posted on the paper’s website on Thursday.
Switzerland’s second-largest lender has described 2022 as a “transition” year in which it is trying to turn the page on costly scandals that prompted a near-total reshuffle of top management and a restructuring seeking to curtail risk-taking, particularly in its investment bank.
It has sought repeatedly to dampen speculation that it could be swept up in sector consolidation.
State Street Corp (NYSE:STT) said last month it was not looking to buy Credit Suisse, denying a report that it was seeking a deal.
