The newspaper, citing anonymous well-informed sources, listed a number of potential investors in the new unit issued by the bank “Credit Suisse”.
In addition to the Saudi crown prince, the list of potential investors includes Atlas Merchant Capital, a private equity firm run by the former head of banking giant Barclays, Bob Diamond, which also intends to pump $500 million into the unit. , according to sources cited by the “Wall Street Journal”.
On Sunday, the newspaper pointed out that Credit Suisse itself had previously reported receiving a $500 million pledge from an anonymous investor. His boss said last week he had received more firm commitments.
Sources told the Wall Street Journal that the bank has not yet received an official offer from the Saudi side.
Credit Suisse unveiled a massive restructuring plan in late October that focuses on a radical transformation of its investment banking unit, which has been rocked by a series of scandals.