by Pam Martens and Russ Martens, Wall St On Parade:

The shares of Credit Suisse can’t find a bottom. They plunged to a new intraday low this morning in Europe to trade at the equivalent of $2.79 – down over 6 percent from their previous close.

Sparking the continued exodus out of Credit Suisse shares is the growing concern that the exodus of client assets from Credit Suisse has not found a floor. Reuters is reporting this morning that the Swiss financial regulator, FINMA, is investigating remarks made by Credit Suisse Group Chairman Axel Lehmann to the media in early December, which suggested that client asset outflows had stabilized. Simple math indicated they had not.