Credit Suisse mess leaves scattered Swiss debris

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Credit Suisse mess leaves scattered Swiss debris
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Credit Suisse mess leaves scattered Swiss debris LJucca

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Credit Suisse suffered outflows of 61.2 billion Swiss francs in first quarterCredit Suisse suffered outflows of 61.2 billion Swiss francs in first quarterThe first-quarter result comes as the Zurich-based bank is being taken over by Swiss peer UBS as part of an emergency measure to shore up confidence in the...
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Markets are calm but volatility may soar as credit tightens, UBS saysMarkets are eerily calm after the banking chaos - but tightening credit and tumbling earnings could reignite volatility, UBS says
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Credit Suisse saw $68 billion in first-quarter outflows as it crumbledCredit Suisse saw $68 billion in first-quarter outflows as it crumbledCredit Suisse said on Monday 61 billion Swiss francs ($68 billion) 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.
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Credit Suisse saw $68 billion in first-quarter outflows as it crumbled By ReutersCredit Suisse saw $68 billion in first-quarter outflows as it crumbled By Reuters*CREDIT SUISSE SAW $68 BILLION IN FIRST-QUARTER OUTFLOWS AS IT CRUMBLED $CS
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Credit Suisse Details Painful Final Days Before RescueCredit Suisse Details Painful Final Days Before RescueThe Swiss bank gave a glimpse of its chaotic final weeks before a rescue by UBS in a first-quarter earnings report that showed revenue diving and customers rushing to pull deposits.
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