CEO - Credit Suisse saw client activity drop since July: BBG TV

Credit Suissehas seen a drop in client activity since the start of the third quarter, Chief Executive Tidjane Thiam told Bloomberg Television, as customers become cautious amidst escalating trade worries.Whereas clients had become cautious over tactical investment decisions, foreign direct investment had remained relatively stable, he said, adding the bank had also been able to benefit from selling hedges and downside protection to its customers.