Credit Suisse hires 20 banks for capital raise

Credit Suisse hires 20 banks for capital raise

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Credit Suisse hires 20 banks for $4 bn capital increase to restructures

Credit Suisse Group AG hired about 20 banks to help with a $4 billion capital increase that will help fund the extensive restructuring unveiled last week

Credit Suisse Hires 20 Banks for $4 Billion Capital Increase

Credit Suisse Group AG disclosed a large roster of banks that will help it drum up $4 billion in capital to fund its extensive restructuring and laid out more detail about the discounted price it will offer shareholders.

Credit Suisse Outlines Details On $4B Capital Raise Plan - Credit Suisse Group (NYSE:CS)

Credit Suisse Group AG (NYSE: CS) has enlarged the banking syndicate underwriting the rights issue and announced the reference price for the proposed CHF4 billion capital raise.

Credit Suisse Unveils Details Of $4 Billion Capital Raising Plan

Credit Suisse on Monday unveiled details of its plan to raise 4 billion Swiss francs ($4.01 billion) from investors to support the embattled bank's bid to tackle the biggest crisis in its 166-year

Credit Suisse's plan to raise capital involves a pool of 20 banks

Strategy release last week caused the biggest single-day drop in Swiss bank shares ever recorded, of 19%