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Credit Suisse sees no impact from US tax settlement

Credit Suisse has seen no material impact on its business from a U.S. settlement for helping wealthy Americans evade taxes, the bank's chief financial officer said on Tuesday.

"We expect no material impact on our operational or business capabilities" the Swiss bank's CFO David Mathers told journalists and analysts on a call.

Brady Dougan, CEO of Credit Suisse Group
Win McNamee I Getty Images
Brady Dougan, CEO of Credit Suisse Group

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Chief Executive Brady Dougan said he remained "very committed" to the Swiss bank and had never considered stepping down.

"Going forward I'm very committed to Credit Suisse and focused on taking the business and strategy forward," Dougan said.

Asked whether he had considered resigning, Dougan said: "My focus has been on working and resolving the issue and taking the business forward, so no, that's never been a consideration."


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