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Credit Suisse chairman doubles down with $1 mln stock purchase

Credit Suisse chairman doubles down with $1 mln stock purchase

7/30/2021 11:30:00 PM

Credit Suisse chairman doubles down with $1 mln stock purchase

Credit Suisse (CSGN.S) Chairman Antonio Horta-Osorio has bought another 1 million Swiss francs ($1.1 million) worth of shares in the group as he tries to restore order to Switzerland's second-biggest bank.

2 minute readThe headquarters of Swiss bank Credit Suisse are seen at the Paradeplatz square in Zurich, Switzerland March 24, 2021. REUTERS/Arnd Wiegmann/File PhotoZURICH, July 30 (Reuters) - Credit Suisse(CSGN.S)Chairman Antonio Horta-Osorio has bought another 1 million Swiss francs ($1.1 million) worth of shares in the group as he tries to restore order to Switzerland's second-biggest bank.

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Regulatory filings showed a member of the bank's board of directors had purchased the shares on Friday. A spokesperson confirmed it was Horta-Osorio. Read more: Reuters Top News »

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