Results from collapsed bank Credit Suisse today revealed the scale of the run on assets during last month’s industry turmoil.
The last set of figures before its expected takeover by UBS showed £55.2 billion of assets left the bank during the first quarter of the year.
Meanwhile, it emerged today that UK-listed companies issued 75 profit warnings between January and March, the highest first quarter total since the early stages of the pandemic in 2020.
