Tidjane Thiam, Credit Suisse’s new chief executive, is preparing to launch a substantial capital raising when he unveils his strategic plan for the bank in two weeks’ time, according to people briefed on the matter.
While not specifying an amount, they pointed to a poll published last week by analysts at Goldman Sachs concluding that investors expect the Swiss bank to raise more than SFr5bn in new equity.
The move follows a warning by Deutsche Bank
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