Credit Suisse CEO says no plans for capital hike: paper
Credit Suisse CEO says no plans for capital hike: paper
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, but should be able to do so by retaining earnings, 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. ...
//news.yahoo.com/credit-suisse-ceo-no-plans-capital-hike-snb-093934648--sector.html
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