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David Herro of Harris Associates says he would potentially back a takeover of Credit Suisse — if the price and buyer were right

Asset Management Correspondent

One of the largest shareholders in Credit Suisse says he may back a potential takeover bid for the Swiss bank.

The lender's shares jumped after Swiss finance blog 

 reported on 8 June that State Street weighed making a play for the bank at a price of CHF9 a share, valuing it at CHF23bn ($23.6bn).

Top Credit Suisse shareholder ‘supportive’ of right buyer after shares pop on State Street bid report

Top Credit Suisse shareholder ‘supportive’ of the right buyer after shares pop on report of bid

David Ricketts

Credit Suisse

Wells Fargo

State Street

Is TikTok an unregistered crypto exchange? Yes, this compliance expert tells the FCA

FCA plans ‘name and shame’ case studies as landmark reforms take shape

FN100 Women: Meet Europe’s top regulators

Former Goldman Sachs executive Amar Kuchinad joins crypto firm Copper as CEO 

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Former Goldman Sachs MD Amar Kuchinad joins crypto firm Copper as CEO

Dmitry Tokarev has stepped back from his role as chief executive after seven years

Kirkland loses regulatory partner to Paul Weiss 

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Kirkland has been raided by Paul Weiss since it kicked off its English law offering last summer

BNP Paribas dealmaker McNaught departs in UK advisory shake-up

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The French bank has added a further two managing directors amid reshuffle in UK deals team

The regulator’s former enforcement director becomes a partner at Milbank after three years pushing fines higher at the SEC.

SEC’s Grewal Moves to Wall Street After Turning Tough as Its Overseer

Inflation in the U.K. fell below the Bank of England’s 2% target in September for the first time in more than three years, making an interest-rate cut next month more likely.

U.K. Inflation Falls to Below BOE Target, Setting Up Rate Cut

The regulator said it is concerned that the part of the market that allows people to pay for insurance in installments might not be providing fair value to more than 20 million customers.

U.K. Regulator Starts Review Into Motor and Home Insurance Market

Fate of Lina Khan’s Bid to Reshape Antitrust Comes Down to Election

Chinese stocks have gone from ice-cold to red-hot in a matter of weeks, but it might be driven by momentum rather than enough stimulus to solve China’s economic woes.

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