Credit Suisse - Reuters News Agency
Business & Finance

Credit Suisse

Reuters was nearly one minute ahead with news on March 29 that an un-named hedge fund defaulted on margin calls made the week prior by Credit Suisse and other banks. Credit Suisse said its first quarter results could suffer a material impact after the bank started exiting positions. 

Market Impact

Shares in Credit Suisse hit a three-month low on the announcement

Article Tags
Topics of Interest: Business & Finance
Type: Reuters News First
Sectors: Equities
Regions: Europe
Countries: Switzerland
Win Types: Speed
Media Types: Text
Customer Impact: Major Global Story
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