Deals
Credit Suisse Said to Weigh Stock Sale of Up to $8.3 Billion
- Credit Suisse hasn't made final decision on size of sale
- Bank said to plan sale after presenting strategic review
Tidjane Thiam, chief executive officer of Credit Suisse Group AG.
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
Credit Suisse Group AG is considering selling stock in an offering that may raise 6 billion Swiss francs ($6.2 billion) to 8 billion francs, people with knowledge of the discussions said.
The bank plans to proceed with the sale after presenting a new strategy to investors later this month, said one person, who asked not to be identified because the matter is private. The company hasn’t made a final decision on the amount, the people said.