ZURICH (Reuters) – Results of a U.S. stress test will not affect Credit Suisse Group’s (S:) payout to shareholders, a spokesman for the Swiss bank said on Friday.
The U.S. Federal Reserve placed conditions on Credit Suisse’s U.S. operations after finding weaknesses in its capital planning processes. Credit Suisse had acknowledged the concerns relayed by the Fed and said on Thursday it expected to remediate the issues by the October deadline.
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