Credit Suisse CEO says bank does not need to raise capital: Bloomberg

August 9, 2016 7:34 AM

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Credit Suisse CEO says bank does not need to raise capital: Bloomberg

Swiss bank Credit Suisse AG (CSGN.S) does not need to raise capital "in most foreseeable scenarios", Chief Executive Tidjane Thiam said in an interview with Bloomberg.

Thiam said there was no need for consolidation with other European banks as it would be difficult in "this new environment".

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