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Actionable news in DB: DEUTSCHE BANK AKTIENGESELLSCHAFT,

Credit Suisse Said to Weigh Stock Sale of Up to $8.3 Billion

Credit Suisse Group AG Chief Executive Officer Tidjane Thiam is considering selling stock in an offering that may raise 6 billion Swiss francs ($6.2 billion) to 8 billion francs, people with knowledge of the discussions said.

The bank plans to proceed with the sale after presenting a new strategy to investors later this month, said one person, who asked not to be identified because the matter is private. The company hasn’t made a final decision on the amount, the people said.

Thiam, 53, who took over from Brady Dougan in July, will present a strategy update...


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