New video by BBC News on YouTube
Credit Suisse reveals results of last financial quarter before rescue - BBC News
Collapsed banking giant Credit Suisse has revealed the scale of the bank run that triggered its state-backed rescue in March. Between January and March almost $69bn (£55bn) was withdrawn, with the bank making a pre-tax loss of nearly $1.5bn (£1.2bn) in the same three-month period. Its forced sale to rival Swiss bank UBS is expected to be completed soon. Please subscribe here: http://bit.ly/1rbfUog #CreditSuisse #BBCNews
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Collapsed banking giant Credit Suisse has revealed the scale of the bank run that triggered its state-backed rescue in March. Between January and March almost $69bn (£55bn) was withdrawn, with the bank making a pre-tax loss of nearly $1.5bn (£1.2bn) in the same three-month period. Its forced sale to rival Swiss bank UBS is expected to be completed soon. Please subscribe here: http://bit.ly/1rbfUog #CreditSuisse #BBCNews
View on YouTube
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