European stocks fall before the ECB’s decision, and Credit Suisse falls on plans to turn things around.

Investors were cautious on Thursday as they waited for the European Central Bank to raise interest rates, which was widely expected. Credit Suisse fell after the troubled Swiss bank announced plans to restructure.

The pan-European STOXX 600 index fell 0.3% after finishing Wednesday at its highest level in five weeks.

Credit Suisse fell 8.5% after it said it planned to sell stock to raise $4.05 billion, cut thousands of jobs, and split off its investment bank to try to get back on its feet after a string of big losses.

Related: Upbeat profits lift European stocks.

The lender’s stock fell the most on the STOXX 600 index and hit its lowest level in two weeks.

Investors are waiting for the European Central Bank’s policy decision, which is set for 12:15 GMT. Traders are almost certain that the rate will go up by 75 basis points to 0.75 percent. The bank is also likely to take the first steps toward reducing its 8.8 trillion euro balance sheet, which has grown over years of buying debt and giving banks very cheap loans.

Neste stock fell 7.2% after the Finnish refiner reported worse-than-expected operating results for the third quarter.

STMicroelectronics, a French-Italian company that makes chips, fell 3.1% after it said that sales growth would slow in the last part of the year.

Shell (LON:RDSa), on the other hand, went up 2.1% after the energy giant reported a $9.45 billion profit for the third quarter, said it would increase its dividend by a lot by the end of the year, and said it would keep buying back its own shares.

$1 is worth 0.9873 Swiss francs.