Credit Suisse Turmoil Puts Gulf Investors Among Top Losers
- Saudi National Bank’s investment plummeted by about $1 billion
- Qatar Investment Authority, Olayan Group are also top holders
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Credit Suisse Group AG’s Middle Eastern shareholders, which together own about a fifth of the Swiss bank, are among some of the biggest losers in the turmoil that culminated with UBS Group AG agreeing to acquire the troubled lender at a steep discount.