Credit Suisse CEO: no plans for capital hike after SNB
ZURICH (Reuters) – Credit Suisse has no plans to issue new shares after the Swiss central bank called on it to improve its capital base this year, Chief Executive Brady Dougan was quoted as saying on Sunday. "Of course I am disappointed. FINMA has given us directions as to how we should strengthen capital. We are fulfilling those," Dougan told the SonntagsZeitung paper in an interview. "Even more surprising were the suggestions by the SNB to cut the dividend and to raise capital. . . .
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