Since the beginning of year capital outflow from Credit Suisse Group AG reached nearly $69 billion

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Pure outflow of means in the I quarter 2023 made $68,6 billion of Credit Suisse Group AG in the report. Credit Suisse Group AG — one of the oldest banks in Europe which wallowed in recent years in a train of scandals that resulted in financial difficulties. For banks 2022 came to the end at a loss with $7,9 billion. In the middle of March National bank Switzerland declared emergency merge two largest banks of the country — UBS and Credit Suisse Group AG. As a result of UBS Group will reduce not less than 20-30% of the personnel in structure of Credit Suisse Group AG, or 30–35 thousand people worldwide...
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Credit Suisse
Main activity:Finance
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Swiss National Bank
Organizations