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Benzinga
Benzinga
Akanksha Bakshi

State Street Might Tap Credit Suisse As Takeover Interest

State Street Credit Suisse Credit Suisse Group AG Cs

Credit Suisse Group AG (NYSE:CS) could receive a takeover offer from U.S. financial giant State Street (NYSE:STT), stated a media report a day earlier.

What happened: According to Reuters, State Street indicated overnight that it was focused on the pending acquisition of Brown Brothers Harriman's Investors Services business, following a report by Inside Paradeplatz on Wednesday that it was planning a takeover attempt and may approach Credit Suisse.

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