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Credit Suisse's former top shareholder sells full stake in bank
short by Aishwarya Awasthi / on Monday, 6 March, 2023
Harris Associates, a former top shareholder of Credit Suisse, has sold its entire stake in the Swiss bank over the past few months. Harris Associates was reportedly the biggest shareholder in Credit Suisse for many years but it cut its 10% holding to 5%. It started to cut its exposure in October after Credit Suisse raised $4.3 billion from investors.
read more at Reuters