Credit Suisse’s share price has been halved since the start of the year amid a series of high-profile scandals.
The difficult economic environment is deterring investors from pumping money into unprofitable, high-stakes tech ventures.
The first twinges of a credit crunch are hitting companies at the lower end of the corporate food chain. Beef up before the squeeze intensifies.
Patagonia’s move comes as more companies try to give Mother Nature legal standing.