Following reports last week in the Financial Times that Credit Suisse was planning to tap investors for a "substantial" capital raising to fund its restructuring, the German paper, Handelsblatt, has further suggested that the Credit Suisse has invited international banks to apply to work on the bank's potential fundraising. The bank has made no comment on the speculation. In an interview with CNBC earlier this week, Deutsche Bank CEO John Cryan, who is also chairman of the supervisory board at Deutsche, said he had not been contacted by any European banks.
Following reports last week in the Financial Times that Credit Suisse was planning to tap investors for a "substantial" capital raising to fund its restructuring, the German paper, Handelsblatt, has further suggested that the Credit Suisse has invited international banks to apply to work on the bank's potential fundraising. The bank has made no comment on the speculation. Credit Suisse's CEO, Tidjane Thiam is due to reveal the banks plans when it reports its results next week.