ZURICH (Reuters) – Credit 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.
The bank reported results for what is likely to be the last time, as its shotgun marriage with rival Swiss bank UBS, is expected to be completed soon.
($1 = 0.8920 Swiss francs)
(Reporting by Noele Illien; Editing by Emelia Sithole-Matarise and Edwina Gibbs)