Credit Suisse plans to pay up for AT1

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Credit Suisse plans to pay up for AT1

Jasper Cox
July 09, 2018 01:30 pm
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A sign for the New York headquarters of Credit Suisse on Madison Ave. on Saturday, December 27, 2014. Credit Suisse Group AG and Deutsche Bank AG have agreed to a settlement of $12.5 billion between the two banks resolving DoJ investigations into their alleged culpability in the financial crisis. (Photo by Richard B. Levine) *** Please Use Credit from Credit Field *** | Richard B. Levine/SIPA USA/PA Images

Credit Suisse was looking to complete to raise additional tier one (AT1) capital on Monday and to become only the second bank to launch a benchmark-sized transaction in the format since April.

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