(Bloomberg) -- Credit Suisse is evaluating all its options before it announces a new strategy on Oct. 21, the bank said, amid growing speculation that it plans to sell shares to raise capital.

The bank's shares fell 3.6% in Zurich trading on Thursday after the Financial Times reported it was preparing a "substantial" equity issue. Switzerland's second largest bank would use the fresh funds to absorb losses caused by a planned reorganization, the newspaper reported, citing people familiar with the matter.

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