August 30, 2016 / 5:36 AM / in a year

Capital Group Companies ups Credit Suisse stake to 5.051 percent

ZURICH (Reuters) - U.S. asset manager Capital Group Companies has increased its holdings in Swiss bank Credit Suisse (CSGN.S) to 5.051 percent, the Swiss stock exchange said on Tuesday.

The logo of Swiss bank Credit Suisse is seen below the Swiss national flag at a building in the Federal Square in Bern May 15, 2014. REUTERS/Ruben Sprich/File Photo

In a previous disclosure on April 21, 2015, the Los Angeles-based shareholder held 3.0142 percent of Credit Suisse shares.

A spokesman for Credit Suisse, Switzerland’s second-largest lender, declined to comment.

Reporting by Joshua Franklin

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