Credit Suisse: Credit Suisse saw $69 billion in outflows at start of 2023 – Times of India

[ad_1] GENEVA: Ailing bank Credit Suisse on Monday reported over 61 billion Swiss francs (nearly $69 billion) in outflows in the first three months of the year, when Switzerland’s government arranged for its takeover by rival UBS, and said clients are still withdrawing assets.The Zurich-based bank cited the “significant net asset outflows” as it posted … Read more