A capital increase through a possible share sale could come after Credit Suisse’s formal restructuring announcement on Oct. 27, the Bloomberg News report added
on a potential capital increase, should it need to shore up its balance sheet and raise funds for its restructuring, Bloomberg News reported on Tuesday, citing people familiar with the matter.
The report said that Credit Suisse, one of Europe’s biggest banks, would likely seek at least $2-billion to cover restructuring and any operating losses over the next couple of years as it pivots the business.
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