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Credit Suisse is facing liquidity issues and tarnished credibility after a rash of scandals and screwups, see https://www.reuters.com/business/finance/spies-lies-chairman... for a summary. From your link it looks like their finance reporting in recent years is now under question as well. It doesn't look related to what happened at SVB or Silvergate.

It could be routine (no more news from banks that are in trouble please), but the SEC does have access to the numbers in the filing since it goes into EDGAR about a month before the announcement.

It's probably no related to swaps that expired..... Better pick themselves up by their bootstraps and quit the avocado toast.

Credit suisse has been on the rocks for a year

Credit Suisse has been on the rocks for over a decade. Widely considered to be one of the most mismanaged large bank, and I assume propped up by Switzerland’s government for appearances’ sake.

Compare their numbers to any other investment bank.

https://www.macrotrends.net/stocks/charts/CS/credit-suisse-g...