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.
Business & Finance
Credit Suisse
29 March 2021, 3:13 pm 1 minute
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
