Top Firm Said to Weigh Stock Sale of Up to $8.3 Billion

(Bloomberg) Credit Suisse Group AG is considering selling stock in an offering that may raise 6 billion Swiss francs ($6.2 billion) to 8 billion francs, people with knowledge of the discussions said. The bank plans to proceed with the sale after presenting a new strategy to investors later this month…The company hasn’t made a final decision on the amount, the people said. CEO Tidjane Thiam, 53, who took over from Brady Dougan in July, will present a strategy update on Oct. 21.

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