Credit Suisse Completes Capital Hike

Posted on 12/09/2022


Credit Suisse Group AG completed the final portion of its 4 billion Swiss franc fundraising and said its liquidity levels had been enhanced. Shareholders exercised 98.2% of their subscription rights. Earlier, Credit Suisse raised 1.8 billion Swiss francs by placing stock with a group of institutional investors led by Saudi National Bank, taking the total…

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