Credit Suisse mulls €4.7bn fund raising
Shares of Credit Suisse fell 3% on Thursday after reports the bank was in discussions with advisers regarding a SFr5bn (€4.7bn) fundraising programme. The move comes amid the lender’s plan to reconsider the proposed listing of its Swiss unit. (FT)
Eton Park hedge fund to close down
High-profile investor Eric Mindich is closing down his hedge fund, Eton Park Capital Management, amid poor performance and slowing interest in hedge funds. Eton Park manages about $7 billion. (WSJ)
