UPDATE 1-Qatar's QIA raises stake in Credit Suisse to 5.21 pct - QNA | Reuters:
Qatar’s sovereign wealth fund, the Qatar Investment Authority, has increased its stake in Swiss bank Credit Suisse to 5.21 percent, the Qatar state news agency QNA said on Saturday.
“Qatar Investment Authority (QIA) has become the largest investor in Switzerland’s Credit Suisse, after increasing its stake to 5.21 percent,” the agency said, without providing further details.
QIA’s stake in Credit Suisse Group had fallen below 5 percent last August, but an SEC filing on Friday showed it had reported a 5.07 percent passive stake as of Aug. 6, 2018.
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