Credit Suisse shares plunge as top holder rules out investing more
The bank's shares fell as much as 25% to hit a record low in European trading after the remark by the chairman of Saudi National Bank.
Credit Suisse Group's top shareholder, whose stake has lost more than one-third of its value in three months, ruled out investing any more in the troubled Swiss bank as a bigger holding would bring additional regulatory hurdles.
“The answer is absolutely not, for many reasons outside the
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