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Moomoo 24/7 ·  Apr 24, 2023 01:24

$Credit Suisse (CS.US)$ said on Monday 61 billion Swiss francs ($68 billion) left the bank in the first quarter.

The stricken Swiss lender posted a one-off 12.43 billion Swiss franc profit for the first quarter of 2023, due to the controversial write-off of 15 billion Swiss francs of AT1 bonds by the Swiss regulator as part of the deal. The adjusted pre-tax loss for the quarter came in at 1.3 billion Swiss francs.

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