Credit Suisse seeks billions from investors in landmark shakeup

Credit Suisse seeks billions from investors in landmark shakeup

A major overhaul aims to restore confidence in the bank CEO says “we have to get it right” Stocks fall as much as 16% ZURICH, Oct 27 (Reuters) – Credit Suisse (CSGN.S) plans to raise 4 billion Swiss francs ($4 billion) from investors, cut thousands of jobs and refocus from banking to Investing in Wealthy …

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