>Saudi Arabia's National Bank, which acquired 9.88% of Credit Suisse shares last year, said it would not buy more shares on regulatory grounds.
>"We cannot because we would go above 10%. It’s a regulatory issue," Saudi National Bank chairman, Ammar Al Khudairy said on the sidelines of a conference in the Saudi capital, Riyadh, on Wednesday.
>Al Khudairy said the value realisation of that investment will unfold as the Swiss bank proves they are doing the turnaround.
>"We are happy with the plan, the transformation plan that they have put forward. It is a very strong bank," he said.
>"I don't think they will need extra money; if you look at their ratios, they're fine. And they operate under a strong regulatory regime in Switzerland and in other countries," he told the Reuters news agency.
His comment will go into the history books for shutting up when your money is on the line.