Capital

EXCLUSIVE Credit Suisse assesses options to strengthen capital – sources

The logo of Swiss bank Credit Suisse is seen at its headquarters on Paradeplatz square in Zurich, Switzerland October 1, 2019. REUTERS/Arnd Wiegmann/File Photo Join now for FREE unlimited access to Reuters.com Register ZURICH, May 30 (Reuters) – Credit Suisse (CSGN.S) is in the early stages of evaluating options to bolster its capital after a …

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Melvin Capital will close its funds and return money to investors

Melvin Capital plans to close its funds and return the money to its investors, capping a stunning reversal for a company who lost big on soaring meme stocks last year and betting on growth stocks this year. In a letter to investors that was reviewed by The Wall Street Journal, Gabe Plotkin, Melvin’s founder, wrote …

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