Credit Suisse says £55bn left bank in first three months of year

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11 minutes ago

Collapsed banking giant Credit Suisse says 61.2 billion Swiss francs (£55.2bn; $68.6bn) left the bank in the first three months of the year.

The announcement gives an insight into the scale of the bank run that caused the 167-year-old lender to fail and triggered its state-backed rescue.

It came as the bank reported what are expected to be its last ever financial results.

Its forced sale to rival Swiss bank UBS is expected to be completed soon.