A $30 billion cash infusion and a frantic effort to sell a stake in the bank to raise additional funds has done little to calm investors and depositors.
Tag: Stocks and Bonds
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Hedge Funds That Bet on Credit Suisse Rescue Face Uneven Results
Among the funds to bet on the rescue deal were two that specialize in buying the bonds of companies on the brink of bankruptcy.
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WeWork Reaches a Debt Restructuring Deal With SoftBank
The agreement will reduce the unprofitable office space company’s debt, giving it more financial breathing room.