The Qatar Investment Authority has doubled its stake in Credit Suisse, becoming the second-biggest shareholder after the Saudi National Bank and underlining the growing importance of Middle Eastern investors to the ailing Swiss bank, Financial Times’ Owen Walker reports. Please use the sharing tools found via the share button at the top or side of articles. The move comes as U.S. shareholders sell down their stakes in the lender, with Chicago-based Harris Associates, which was the bank’s biggest shareholder just a few months ago with a 10% stake, now owning less than 5%, the author notes. Reference Link
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