Credit Suisse says £55bn left bank before its rescue

Belgique Nouvelles Nouvelles

Credit Suisse says £55bn left bank before its rescue
Belgique Dernières Nouvelles,Belgique Actualités
  • 📰 SkyNews
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 67%

The bank run helped to bring down the troubled lender earlier this year and it is now being taken over by rival UBS, in a deal to be completed soon.

Credit Suisse says some 61bn Swiss francs left the bank in the first financial quarter this year.

The bank said on Monday:"These outflows have moderated but have not yet reversed as of 24 April, 2023." It is likely to be the last time Credit Suisse will report results, as its state-engineered marriage to rival UBS is expected to be completed soon.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

SkyNews /  🏆 35. in UK

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Credit Suisse reports $69bn in outflows as bank collapsed in first quarter\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t
Lire la suite »

DWP makes big change for those on Universal Credit ahead of the CoronationDWP makes big change for those on Universal Credit ahead of the CoronationTHE Department for Work and Pensions (DWP) is making a big change for those on Universal Credit and benefits. To give everyone the opportunity to watch and celebrate the King’s Coronation, th…
Lire la suite »

S&P upgrades outlook on Greece credit rating but keeps Italy on hold\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t
Lire la suite »

Millions on benefits including Universal Credit to receive £301 payment in DAYSMillions on benefits including Universal Credit to receive £301 payment in DAYSMILLIONS of households on benefits including Universal Credit are set to receive £301 in free cash within days. The first instalment of the £900 cost of living payment will be made to the vast majo…
Lire la suite »

'Bombastic, over the top' show to bring Meat Loaf's music alive in Glasgow'Bombastic, over the top' show to bring Meat Loaf's music alive in GlasgowTaking on the vocals of the legendary rock star, Celebrating Meat Loaf is a dream come true for American Idol winner Caleb Johnson.
Lire la suite »



Render Time: 2025-04-12 08:25:41