Norwegian sovereign wealth fund reduces stake in Credit Suisse

Norway's sovereign wealth fund reported that it has reduced its share in Credit Suisse to around 1 percent this year. Norway's sovereign wealth fund reported that it has reduced its share in Credit Suisse, which was 1.49 percent by the end of 2022, to around 1 percent this year. The fund did not provide information about when it sold its Credit Suisse shares. The statement said that the market situation is being closely monitored, and that the situation regarding North American and European banks in particular is being monitored.