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
WATCH: Even as trading revenue surges, Credit Suisse warned it will take a charge on its Greensill business.(Source: Bloomberg)
Lock
This article is for subscribers only.

Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.

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.