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| 21 November, 2017

Credit Suisse says no contact with any Saudi sovereign wealth funds

Logo of Swiss bank Credit Suisse is seen on a building at Paradeplatz square in Zurich.

Logo of Swiss bank Credit Suisse is seen on a building at Paradeplatz square in Zurich.

REUTERS/Michael Buholzer

Credit Suisse Group CSGN.S has not been approached by any Saudi sovereign wealth funds about becoming investorsز

ZURICH - Credit Suisse Group has not been approached by any Saudi sovereign wealth funds about becoming investors, the Swiss bank said on Tuesday in response to a Financial Times column suggesting just such a possibility.

"While we would welcome all potential new shareholders, to date we have not been in contact with any sovereign wealth funds in Saudi Arabia," a bank spokesman said.



(Reporting by Joshua Franklin, Writing by Michael Shields) ((Michael.Shields@thomsonreuters.com; +41 58 306 7461; Reuters Messaging: michael.shields.thomsonreuters.com@reuters.net))