Credit Suisse lost $68B in assets last quarter, outflows continue

ZURICH, Switzerland  -More than $68 billion was withdrawn from Credit Suisse in the first three months of 2023, the bank said Monday in what are likely its final quarterly results before it is swallowed by rival UBS. Switzerland’s long-time second largest bank saw 61.2 billion Swiss francs ($68.6 billion) withdrawn in the first quarter alone. … Continue reading Credit Suisse lost $68B in assets last quarter, outflows continue