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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 368.29

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Nov 7 4:00 PM EST

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To: gg cox who wrote (192933)	10/27/2022 11:40:16 AM
From: Pogeu Mahone	Read Replies (2) of 217578

4 minute readOctober 27, 20229:06 AM EDTLast Updated 2 hours ago Credit Suisse seeks billions from investors in make-or-break shake-up By Noele Illien , Oliver Hirt and John O'Donnell Credit Suisse asks investors for billions SummaryCompanies Sweeping overhaul aims to restore confidence in bankCEO says 'we need to get this right'Shares fall as much as 16% ZURICH, Oct 27 (Reuters) - Credit Suisse (CSGN.S) plans to raise 4 billion Swiss francs ($4 billion) from investors, cut thousands of jobs and shift its focus from investment banking towards rich clients as the bank attempts to put years of scandals behind it. Additional reporting by Michael Shields in Zurich and Yousef Saba in Dubai; Writing by John O'Donnell; Editing by Edmund Klamann and Jane Merriman https://www.reuters.com/business/finance/credit-suisse-says-raise-4-billion-francs-capital-2022-10-27/

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