Everything Fine at Credit Suisse, Saudi National Bank Head Says
Outside the Credit Suisse Group AG headquarters in Zurich.
Photographer: Jose Cendon/BloombergThis article is for subscribers only.
Credit Suisse Group AG isn’t likely to seek more capital and the bank is generally “sound,” according to the chairman of the Swiss lender’s top investor.
“If you look at what even the Swiss National Bank said yesterday with all the ratios, they’re all sound, everything is fine,” Ammar Al Khudairy, chairman of Saudi National Bank, said in an interview with CNBC broadcast Thursday. “I don’t think they’ll need more capital.”