Wealth and Asset Management
Evergrande Was Credit Suisse «One-Bank» Client
The Swiss bank reportedly went «one-bank» on Evergrande as well as its billionaire chairman, while UBS is shouldering bond exposure. Zurich-based Credit Suisse went from hot to cold on the now embattled property developer at the center of an economic maelstrom, the «Financial Times» (behind paywall) reported on Friday. Crucially,…
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