Realty Income Corp

Change company Symbol lookup

Select an option...

O Realty Income Corp

DMO Western Asset Mortgage Opportunity Fund Inc

TEX Terex Corp

JEPI JPMorgan Equity Premium Income ETF

SPYD SPDR® Portfolio S&P 500 High Dividend ETF

AAPL Apple Inc

VYM Vanguard High Dividend Yield Index Fund ETF Shares

DGRO iShares Core Dividend Growth ETF

DIVO Amplify CWP Enhanced Dividend Income ETF

SCHD Schwab U.S. Dividend Equity ETF™

Go

By Steve Goldstein

Credit Suisse shareholders overwhelmingly approved a plan to raise 4 billion francs ($4.2 billion) on Wednesday.

In two votes, shareholders backed a plan for a private placement as well as a rights offering of discounted shares. The full details of the rights offer will be announced on Nov. 24.

Earlier, the bank had warned it was going to post its fifth consecutive loss in the fourth quarter, seeing a loss before tax of up to 1.5 billion francs. Lower deposits and assets under management are expected to lead to reduced net interest income and recurring commissions and fees, the bank warned.

Credit Suisse (CSGN.EB)shares fell 3% in Zurich and have dropped 58% this year.

-Steve Goldstein

(END) Dow Jones Newswires

November 23, 2022 08:47 ET (13:47 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.