Credit Suisse Top shareholder Saudi National Bank rules out more aid

Credit Suisse Group AG’s top shareholder, whose stake has lost more than a third of its value in three months, ruled out investing more in the troubled Swiss bank as a bigger stake would raise further regulatory hurdles.

“The answer is absolutely not, for many reasons beyond the simplest reason, which is regulatory and statutory,” Saudi National Bank Chairman Ammar Al Khudairy said in an interview with Bloomberg TV on Wednesday. That was in response to a question about whether the bank was open to further injections if there was another call for additional liquidity.

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