Then-CEO of Credit Suisse, Thomas Gottstein, and Saudi Public Investment Fund Gov. Yasir Othman Al-Rumayyan attend the Future Investment Initiative forum in Riyadh in January 2021.
© Reuters
HIDEMITSU KIBE, Nikkei senior staff writer |
TOKYO — The crisis at Credit Suisse quickly deepened after its top investor, Saudi National Bank, ruled out further assistance, showcasing the outsize influence that Middle Eastern funds wield in the global financial market.
“Absolutely not,” Chairman Ammar Al Khudairy said when asked on March 15 about providing more cash to the ailing Swiss bank.
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