Credit Suisse chairman doubles down with $1 mln stock purchase

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Credit Suisse chairman doubles down with $1 mln stock purchase
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Credit Suisse (CSGN.S) Chairman Antonio Horta-Osorio has bought another 1 million Swiss francs ($1.1 million) worth of shares in the group as he tries to restore order to Switzerland's second-biggest bank.

The headquarters of Swiss bank Credit Suisse are seen at the Paradeplatz square in Zurich, Switzerland March 24, 2021. REUTERS/Arnd Wiegmann/File PhotoChairman Antonio Horta-Osorio has bought another 1 million Swiss francs worth of shares in the group as he tries to restore order to Switzerland's second-biggest bank.

Regulatory filings showed a member of the bank's board of directors had purchased the shares on Friday. A spokesperson confirmed it was Horta-Osorio.

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