Credit Suisse chairman apologizes to angry investors at AGM.

Credit Suisse faced angry shareholders at its Annual General Meeting after being rescued by UBS last month in a deal brokered by authorities. Credit Suisse chairman Axel Lehmann apologised to shareholders, but one investor accused the board of being "greedy and incompetent". Credit Suisse's CEO Ulrich Korner said there had been little choice but to accept the deal with UBS or face bankruptcy, which would have been catastrophic for the global economy. Shareholders in both Credit Suisse and UBS have been denied a vote on the takeover due to emergency measures taken by the Swiss government.