Sources say that some Credit Suisse counterparties have restricted new transactions involving the lender.
Summary by NewsWall Mar 18 23
- According to five sources with direct knowledge of the situation, at least four major banks, including Societe Generale SA and Deutsche Bank AG, are restricting new trades involving Credit Suisse Group AG CS-N or its securities, as the Swiss bank struggles to restore trust.
- Credit Suisse did not respond to requests for comment.
- Deutsche Bank did not respond to a request for comment.
- Credit Suisse describes itself as a strong, global bank.
Story Details
| Last Updated | Mar 18 23 |
| Total Articles | 16 |
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Exclusive: Some Credit Suisse counterparties curb dealings as bank heads into scenario meetings -sources
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Exclusive: Some Credit Suisse counterparties curb dealings as bank heads into scenario meetings -sources
reuters.com/business/finance/some-credit-suisse-counterparties-put-curbs-new-dealings-involving-lender-2023-03-17/
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bloomberg.com/news/articles/2023-03-17/credit-suisse-crisis-shines-spotlight-on-bank-s-crown-jewel
Some Credit Suisse counterparties curb dealings as bank heads into scenario meetings – sources
rappler.com/business/some-credit-suisse-counterparties-curb-dealings-march-2023/
Some Credit Suisse counterparties put curbs on new dealings involving lender: Sources
english.alarabiya.net/business/banking-and-finance/2023/03/17/Some-Credit-Suisse-counterparties-put-curbs-on-new-dealings-involving-lender-Sources
Some Credit Suisse counterparties put curbs on new dealings involving lender, sources say
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