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Between January and March almost $69bn (£55bn) was withdrawn, with the bank making a pre-tax loss of nearly $1.5bn (£1.2bn) in the same three-month period.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.

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