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Credit Suisse CEO Says ‘Everything on Table’ to Return Profits

  • ‘I’m painfully aware that I had to dilute my shareholders’
  • Thiam is scheduled to update investors on strategy Thursday
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Tidjane Thiam, chief executive officer at Credit Suisse, discusses his firm’s focus on organic growth.(Source: Bloomberg)
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Credit Suisse Group AG Chief Executive Officer Tidjane Thiam said he’s “painfully aware” that shareholders have gone through tough times and that all options are on the table to return cash to investors as profitability improves.

“The shareholders have been through a lot. I’m painfully aware that I had to dilute my shareholders very significantly,” Thiam said Tuesday in an interview on Bloomberg TV. “As we generate more profit and the bank does better,” he said, “the goal of all this is to return capital to shareholders.”