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Credit Suisse | Reuters News Agency

Business & Finance

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. 

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

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