Privinvest approached Credit Suisse Group AG several years ago about making loans to finance sales of Privinvest products to Mozambique and paid fees to the bank, but the company says it wasn't a client of Credit Suisse and neither was its owner, Iskander Safa, nor CMN, its French shipbuilding unit. "Behind Credit Suisse's Soured Mozambique Deals" on June 29 incorrectly described CMN and Mr. Safa as clients.

(END) Dow Jones Newswires

August 11, 2016 08:36 ET (12:36 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
Credit Suisse (NYSE:CS)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Credit Suisse Charts.
Credit Suisse (NYSE:CS)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Credit Suisse Charts.