in two votes shareholders backed a plan for a private placement as well as a rights offering of discounted shares the full details of the rights offer will be announced on nov 24 earlier the bank had warned it was going to post its fifth consecutive loss in the fourth quarter seeing a loss before tax of up to 15 billion francs lower deposits and assets under management are expected to lead to reduced net interest income and recurring commissions and fees the bank warned credit suisse csgn cs shares fell 3 in zurich and have dropped 58 this year