Credit Suisse weighs options to strengthen capital – Reuters News Agency

Business & Finance

Reuters was the first to report that Credit Suisse is in the early stages of weighing options to bolster its capital after a string of losses has eroded its financial buffers. The size of the increase would be likely to exceed 1 billion Swiss francs, but this has not yet been determined. The cash injection would help Switzerland’s second-biggest bank recover from billions of losses in 2021 and a series of costly legal headaches.

Article Tags

Topics of Interest: Business & Finance

Type: Reuters Best

Sectors: Economy & Policy

Regions: Europe

Countries: Switzerland

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story

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