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Benzinga
Benzinga
Business
Shivdeep Dhaliwal

As Credit Suisse Woes Inspire Parallels To 2008 Financial Crisis, Analyst Says 'Much Different Environment, Much Different Situation'

Credit Suisse Environment Bloomberg Intelligence Credit Suisse Group AG

A senior analyst with Bloomberg Intelligence, Alison Williams, said the “key issue” with Credit Suisse Group AG (NYSE: CS) is structural profitability and dismissed parallels drawn with the 2008 financial crisis which saw the collapse of Lehman Brothers.

What Happened: Williams, a Bloomberg analyst of Global Investment Banks, made her comments on Bloomberg Radio on Monday.

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