Results reported for what is likely to be the last time as bank’s takeover by Swiss rival nears completion
Credit Suisse says 61bn Swiss francs ($68bn/£55bn) left the bank in the first quarter, shedding light on the scale of the bank run that caused the 167-year-old institution to crumble and forced its state-engineered rescue.
“These outflows have moderated but have not yet reversed as of April 24 2023,” Credit Suisse said on Monday.
