“Credit Suisse (CSGN.VX) unveiled measures to boost its capital base by 15.3 billion Swiss francs ($15.6 billion), a move that was welcomed by a previously critical central bank and left some investors sceptical. Credit Suisse said that steps including issuing convertible bonds and bringing forward an exchange of hybrid capital notes would boost capital by 8.7 billion francs immediately. The bonds are being fully underwritten by existing investors such as Qatar and the Olayan Group, as well as new investors like Norway’s pension fund Norges and Singapore-based Temasek.”
http://in.reuters.com/article/2012/07/18/idINL6E8IICF920120718
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Obama rebukes North Korea over nuke test and calls for ‘swift’ and ‘credible’ action
Drone owners must register with FAA, starting December 21
Wary of China, Companies Head to Cambodia
Supreme Court rules city councils can't arrest people they disagree with
NSA deeply involved in drone strikes against terror suspects
Colorado Democrats fail to stave off recall efforts after supporting gun control
Brazil hackers accidentally attack NASA as payback for NSA surveillance
Inside America's Plan to Kill Online Privacy Rights Everywhere
Body of Teen Killed by US Border Patrol Returned to Guatemala
With Permanent Squad, New York Police Step Up Fight on Terrorism
Justin Amash: No Precedent In History For NSA Spying
Jerry Seinfeld's lemonade stand gets shut down by police
I Paid To See A Movie About Singing. I Got 90 Minutes Of Pentagon Propaganda.
Spain considers timezone shift to combat ‘siesta-taking’, 'late-night partying'
FBI admits flaws in hair analysis over decades; 14 prisoners already dead