Credit Suisse to make capital hike decision after AGM: report

April 23, 2017 ZURICH (Reuters) – Credit Suisse will not decide on how it wants to raise fresh capital until after this week’s annual general meeting, SonntagsZeitung reported on Sunday. The Swiss bank is considering a quick-fire share sale or listing 20 to 30 percent of its Swiss business in order to raise between 3 and 6 billion Swiss francs ($3-$6 billion) in new capital, the Swiss newspaper said, citing sources close to Chairman Urs Rohner. The newspaper also reported that Rohner expects all the banks’ proposals to be accepted…

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