2023-04-18 09:26:03
Zurich (awp) – Credit Suisse has advanced the date of publication of its results to the first quarter. The financial data will be revealed on Monday April 24, instead of April 27, the banking group announced on Tuesday in the process of being absorbed by its rival UBS.
These results are particularly awaited by the financial community, in particular to see the extent of the reflux of liquidities between January and the end of March. Outflows had reached 123.2 billion Swiss francs in 2022, including 110.5 billion in the fourth quarter alone.
According to Morningstar data relayed by the Bloomberg agency, Credit Suisse would have recorded new money outflows of 4.4 billion dollars from its European and American funds since the announcement of its forced marriage with UBS on March 19.
Investors are also eagerly awaiting news on the forced merger process with UBS and the extent of job cuts in this context.
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