Credit Suisse raises $6.1B from Arabian investors - CNBC

Swiss bank Credit Suisse Group says it is raising some $6.1 billion from Arabian investors to satisfy new capitalization rules.

Credit Suisse says it is issuing contingent capital notes worth $3.5 billion to Qatar Holding LLC and notes worth 2.5 billion Swiss francs ($2.57 billion) to Saudi Arabia's The Olayan Group.

The Zurich-based bank says the move would satisfy emergency capital requirements proposed by Swiss regulators.