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CREDIT Suisse has boosted its stake in Anglo Irish Bank to just over 5%, confirming its position as the institution's single biggest shareholder. Credit Suisse bought its latest tranche of shares even while one of its own analysts has an 'underperform' rating on the stock.
Credit Suisse declined to comment.
Its chief executive recently said he is "very optimistic" about investment banking in 2007 and added that, "as long as globalisation works, private banking will continue to have big growth rates".
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YOU ARE HERE: 11 November 2007 / tribune.ie / 2007 / 01 / 21
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