Thursday, Apr 24, 2008
And another one bites the dust
BBC News: Credit Suisse loses billions
Credit Suisse has reported a loss for the first three months of the year, hit by its exposure to the credit markets.
The bank made a net loss of 2.1bn Swiss francs ($2.1bn; £1.0bn) after writing down 5.3bn Swiss francs in mortgage securities and big buyout loans.
Posted by afrobaggie @ 10:21 AM (224 views) Add Comment
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