Tue, 21-Oct-2025

Credit Suisse presents a $4 billion initiative

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Credit Suisse announced its intention to raise $4 billion in capital through the issuance of additional shares. The second-largest lender in Switzerland announced significant third-quarter losses. Saudi National Bank pledged to spend up to $1.5 billion in order to get a stake of up to 9.9 percent. In its most recent effort to turn around … Read more