Credit Suisse Group AG offered to buy back up to $3bn of its own debt, in a move aimed at calming investor jitters ahead of the unveiling of a crucial strategy revamp. The announcement is a signal of confidence, in that the bank has enough liquidity to take advantage of the recent slump in debt markets and scoop up its own debt at a discount. Credit Suisse shares and bonds rose in Friday trading, while the cost of insuring against default fell. The Zurich-based bank has suffered a tumultuous week as markets questioned its stability amid a broader sell-off. Chief executive officer Ulrich Koerner is due to detail the bank’s second strategy overhaul in a year at the end of this month, widely
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