Saudi Crown Prince to Invest in Credit Suisse Unit, WSJ Reports
Bloomberg·2022-12-05 12:06
Saudi Arabia’s Crown Prince Mohammed bin Salman is preparing to invest in Credit Suisse Group AG’s investment bank, the Wall Street Journal reported.
Prince Mohammed may invest around $500 million in the lender’s CS First Boston spinout, the newspaper said, citing people with knowledge of the matter. Other investors could include former Barclays Plc chief executive Bob Diamond’s Atlas Merchant Capital, according to the report.
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