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11.10.22

Credit Suisse to Face $8 Billion Shortfall in 2024, Goldman Says.

Equity raise by Swiss bank would be ‘prudent,’ analyst says Lender needs to build capital by 9 billion francs: Jefferies Credit Suisse Group AG faces a capital shortfall of as much as 8 billion Swiss francs ($8 billion) in 2024, according to Goldman Sachs Group Inc., a further illustration of the troubles facing the Swiss lender.