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24.03.201703:31:00UTC+00Credit Suisse shares fall 2% on $3 billion share sale reports

Swiss bank Credit Suisse Group AG's shares dropped on Thursday on reports that it would consider a share sale over a Swiss IPO to strengthen its capital.

Credit Suisse may sell new shares representing 10 percent of its outstanding stock, or about 3.1 billion Swiss francs ($3.12 billion), Bloomberg reported, citing people familiar with the matter.

The company was not immediately available to comment on the matter.



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