Betaville

State Street said to eye Credit Suisse takeover bid, reports Inside Paradeplatz

State Street is planning a takeover bid to buy ailing Credit Suisse.

Well, that's according to Swiss title Inside Paradeplatz, which claims State Street is willing to pay 9 Swiss Francs a share for Credit Suisse. That's a whopping 40pc premium. Below is a link to the piece from Inside Paradeplatz:..