CNN
•81% Informative
Saudi National Bank chairman Ammar Al Khudairy says it won't increase its stake in Credit Suisse.
The Saudi bank committed $1.5 billion of the $4 billion in new capital to fund its overhaul.
Alkhudairy said he was pleased with the restructuring, adding that he didn't think the Swiss lender would need extra money.
The bank’s shares were trading down nearly 22% in Zurich on Wednesday, and the cost of buying insurance against the risk of default hit a record high.
VR Score
84
Informative language
85
Neutral language
39
Article tone
semi-formal
Language
English
Language complexity
47
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
3
Source diversity
2
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