Credit Suisse Unveils Plans To Raise $6.3 Billion Fresh Capital
Credit Suisse announced plans on Wednesday to raise SFr6.05 billion ($6.3 billion) fresh capital and cut costs, as the Swiss bank recently delivered a disappointing set of quarterly results.
The bank also announced that it would restructure its investment bank significantly to trim the amount of capital allocated to the business.
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The Zurich-based bank