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C Suisse to raise $6bn as new CEO rings changes

Tidjane Thiam

Credit Suisse, Switzerland's second biggest bank, is to raise a total of 6.05 billion Swiss francs ($6.2 billion) in fresh capital through a rights issue and private placement, as its new chief executive tries to address investors' concerns.




Deals and takeovers on hold following Brexit vote

Bankers and lawyers advising companies on takeovers and initial public offerings from London to New York fretted over their deals on Friday, after a British vote to leave the European Union poleaxed company valuations and executive confidence.


London lawyers - 'Don't panic'

As the reality of Britain’s exit from the European Union set in Friday, London’s top lawyers worked to reassure anxious clients that everything was going to be fine, even if they couldn’t offer firm predictions about what happens next.