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Credit Suisse Warns Greensill May Spoil Best Start in Decade

  • Bank may take a charge on business with Greensill Capital
  • Investment bank revenue up more than 50% in first two months
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WATCH: Even as trading revenue surges, Credit Suisse warned it will take a charge on its Greensill business.(Source: Bloomberg)
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Credit Suisse Group AG warned it may take a financial hit after the implosion of Greensill Capital forced it to freeze $10 billion of funds and put a loan to the firm at risk, threatening to spoil what had been the bank’s best start to a year in a decade.