We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Urge to purge

24 April 2008 By Mike Verdin

The Swiss bank has reported its first quarterly loss since the credit crunch began. That s down in part to a firesale of risky leveraged loans and subprime assets. It s a shame CS didn t act before, when prices were higher. But at least the bank has kept a decent capital ratio.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)