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Well you can! Belatedly, but came, an apology from Axel Lehmann: “I apologize for the fact that we could not stop the loss of trust accumulated over the years, that we disappointed you all.” He later added, “I’m sorry.”
However, he deliberately ignored the fact that his poor communication contributed significantly to the rapid loss of trust. He preferred to talk about the fault of social networks, about digitalization as an accelerator of fire, and about the legacy that his predecessors left behind.
Also, not a word about the fact that a strategy cannot work in which the bank would not earn for many years. For this latest act of losing reality, Lehmann received a receipt from the shareholders. With such a poor result, the president of a large Swiss company has probably never been re-elected in Switzerland.
After all: in the plight surrounding Credit Suisse, this was Alex Lehmann’s finest work. Calmly and judiciously, the President held the last general meeting of the ruined bank. He played his part in ensuring that the event never degenerated. And the unworthy end was met with some dignity.
Source: Blick
I am David Miller, a highly experienced news reporter and author for 24 Instant News. I specialize in opinion pieces and have written extensively on current events, politics, social issues, and more. My writing has been featured in major publications such as The New York Times, The Guardian, and BBC News. I strive to be fair-minded while also producing thought-provoking content that encourages readers to engage with the topics I discuss.
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