Credit Suisse says no contact with any Saudi sovereign wealth funds

Credit Suisse says no contact with any Saudi sovereign wealth funds

Switzerland's national flag flies beside the logo of Swiss bank Credit Suisse in Zurich, Switzerland April 24, 2017. REUTERS/Arnd Wiegmann
ZURICH: Credit Suisse Group has not been approached by any Saudi sovereign wealth funds about becoming investors, the Swiss bank said on Tuesday in response to a Financial Times column suggesting just such a possibility."While we would welcome all potential new shareholders, to date we have not been in contact with any sovereign wealth funds in Saudi Arabia," a bank spokesman said.(Reporting by Joshua Franklin, Writing by Michael Shields)
Source: Reuters
 Source : http://www.channelnewsasia.com/news/business/credit-suisse-says-no-contact-with-any-saudi-sovereign-wealth-funds-9426758