Credit Suisse's Largest Investor Increased Its Stake, Herro Says

Updated on
  • Swiss bank headed in right direction with overhaul, Herro says
  • Harris Associates was bank's biggest shareholder at end 2015

David Herro.

Photographer: Chris Goodney/Bloomberg

Credit Suisse Group AG investor Harris Associates LP has taken advantage of a plunge in the Swiss bank’s shares to increase its stake, Chief Investment Officer David Herro said.

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