During last month’s financial turmoil, Credit Suisse suffered a staggering 4.6 billion euros ($5.04 billion) withdrawal from its funds, according to data released by Morningstar. This event occurred as Switzerland’s financial authorities coordinated an emergency acquisition of Credit Suisse by rival bank UBS. In contrast, Swiss asset manager Swisscanto saw a remarkable 6.2 billion euros … Credit Suisse hemorrhaged funds during March turmoil Read More »
