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Credit Suisse says no contact with any Saudi sovereign wealth funds
November 21, 2017 / 2:11 PM / 22 days ago

Credit Suisse says no contact with any Saudi sovereign wealth funds

ZURICH (Reuters) - Credit Suisse Group (CSGN.S) has not been approached by any Saudi sovereign wealth funds about becoming investors, the Swiss bank said on Tuesday in response to a Financial Times column suggesting just such a possibility.

Switzerland's national flag flies beside the logo of Swiss bank Credit Suisse in Zurich, Switzerland April 24, 2017. REUTERS/Arnd Wiegmann

“While we would welcome all potential new shareholders, to date we have not been in contact with any sovereign wealth funds in Saudi Arabia,” a bank spokesman said.

Reporting by Joshua Franklin, Writing by Michael Shields

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