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

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

Upworthy

Published

said on Monday that 61 billion Swiss francs ($68 billion) in assets left the bank in the first quarter and that outflows were continuing, underscoring the challenge faced by UBS Group (UBSG.S) in rescuing its rival. Customer deposits declined by 67 billion francs in the quarter and the bank noted…

#ubsgroup #ubsgs #ubs #switzerland #thomashallett #kbw #christian #michaelklein #noeleillien #edwinagibbs

Full Article