Credit Suisse saw record fund outflows during March turmoil, data shows

Credit Suisse saw investors pull a record 4.6 billion euros ($5.04 billion)out of its funds at the height of the bank’s troubles last month, data published on Friday showed. The data from Morningstar covered the whole of March, when a potential collapse of Credit Suisse saw Switzerland’s financial authorities orchestrate its emergency takeover by rival UBS .

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