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Credit Suisse to redeem $1.5 billion in tier 1 capital

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Credit Suisse said on Wednesday it would redeem $1.5 billion in Tier 1 Capital notes next month as part of measures to manage its capital to comply with tougher regulation. The bank said in a statement it had decided to redeem $1.525 billion 7.9 percent Tier 1 Capital Notes on…

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Click here to read the full story: Chicago Tribune

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