Credit Suisse executives are in talks with its investors to reassure them amid rising concerns over the bank's financial health, the Financial Times reported.
"We struggle to see something systemic," analysts at Citi said a report about the possible "contagion impact" on U.S. banks by "a large European bank." The analysts did not name Credit Suisse.
"We understand the nature of the concerns, but the current situation is night and day from 2007 as the balance sheets are fundamentally different in terms of capital and liquidity," the report said, referring to the financial crisis that unraveled in 2007.
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