Credit Suisse weighs options to strengthen capital

Reuters was the first to report that Credit Suisse is in the early stages of weighing options to bolster its capital after a string of losses has eroded its financial buffers. The size of the increase would be likely to exceed 1 billion Swiss francs, but this has not yet been determined. The cash injection would help Switzerland’s second-biggest bank recover from billions of losses in 2021 and a series of costly legal headaches.