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Top Credit Suisse investor Harris Associates cuts stake following capital raise
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US investor Harris Associates has reduced its stake in Credit Suisse to around half of its holding six months ago.
Once a top-three shareholder in the Swiss lender, Harris Associates now owns less than 3%, according to an 11 January regulatory filing on the Swiss Stock Exchange. This is down from its ownership of around 10% of the bank's stock as recently as June.
The...
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