Credit Suisse Stock Is Falling. Annual Report Is Delayed After Call From SEC.

Credit Suisse

shares were falling on Thursday after the Swiss lender said it is delaying the publication of its annual report.

The stock was down 5.3% in Zurich trading. Credit Suisse (ticker: CS) American depositary receipts fell 5% in the premarket. The company said the annual report delay was prompted by a call from the Securities and Exchange Commission on March 8 about revisions to its cash flow statements from 2020 and 2019.