Wealth and Asset Management
Credit Suisse's Dilemma Deepens as Repayments Stall
The Swiss bank's fund clients are being kept waiting for repayments from a failed supply chain product. Credit Suisse's capital buffer doesn't allow many concessions. The first money flowed quickly: Credit Suisse managed to return $4.8 billion of funds invested in supply chain notes to clients. This represents nearly half…
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