Reuters exclusively revealed that Credit Suisse is sounding out investors for fresh cash, approaching them for the fourth time in around seven years as it attempts a radical overhaul of its investment bank. The investment bank is also evaluating various scenarios, including the most drastic option of largely exiting the U.S. market. Credit Suisse shares fell by more than ten percent to their lowest level on record after Reuters revealed the news.
Business & Finance
23 September 2022, 7:32 pm. 1 minute
Market Impact
Credit Suisse shares fell by more than ten percent to their lowest level on record after Reuters revealed the news.
Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Equities
Regions: North America
Countries: US
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
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