Credit Suisse’s largest shareholder Harris sold his entire stake in the bank


Harris Associates stock picker David Herro sold the company’s entire stake in Credit Suisse Group AG, is ending ties with the bank after roughly two decades of ownership, putting further pressure on the troubled Swiss lender’s management.

The investment closed in the past three to four months, Herro, chief investment officer for international equities at Harris Associates, said in an email. The Financial Times reported the sale earlier.

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