Credit Suisse says still evaluating strategy options

October 8, 2015 4:14 PM

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ZURICH Oct 8 Credit Suisse said it will wait until later this month to outline its strategy under new Chief Executive Tidjane Thiam after the Financial Times reported the Swiss bank is planning a "substantial" capital raising.

"As we outlined in our second-quarter announcement on July 23, we are conducting a thorough assessment of Credit Suisse's strategy, evaluating all options for the group, its businesses and its capital usage and requirements," Zurich-based Credit Suisse said in a statement on Thursday.

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