Credit Suisse Raises $4.3 Billion Capital for Restructuring

The video discusses Credit Suisse's capital increase, highlighting the success of the rights offering where 98.2% of shares were bought by shareholders. This capital raise, totaling 4 billion francs, aims to fund the bank's restructuring. The market reacted positively, with shares rising in Zurich and the US. The CEO views this as a milestone for the 'new Credit Suisse,' strengthening its financial position. Despite past challenges, including major fund losses and scandals, the bank is now focused on restructuring and improving its financial future.

What percentage of shares did shareholders agree to buy in the rights offering?

What was the total amount raised from the capital increase?

Who became the largest shareholder after the private placement?

How did the market react to the successful completion of the capital raise?

What were the major issues faced by Credit Suisse in the last two years?