Credit Suisse Reports Massive $69bn Outflows In Q1

Credit Suisse Reports Massive $69bn Outflows In Q1

Credit Suisse reported significant outflows of about $69bn during its first quarter results following its collapse and subsequent emergency rescue by UBS. The outflows were about 5% of the group’s AUM as of end-2022, where deposit outflows were 57% of the net outflows...
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