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Credit Suisse set to be quarter-owned by Middle Eastern investors as Qatar wealth fund looks to up stake

Credit Suisse is looking to raise $4bn to fund a radical overhaul of its business

Credit Suisse set to be quarter-owned by Middle Eastern investors as Qatar wealth fund looks to up stake
Photo: Fabrice Coffrini/Getty Images

Up to a quarter of Credit Suisse shares could soon be owned by investors from the Middle East as the Qatar Investment Authority plans to up its stake.

Citing people with knowledge of the talks, the Financial Times reports that the country's sovereign wealth fund is preparing to up its stake from 5% by taking part in a rights issue alongside the Saudi National Bank later this year.

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