CS Buys Some Lehman Funds

26 Jan 2009

Credit Suisse says it has bought back CHF100 million (USD88 million) worth of Lehman Brothers capital protected funds from clients who suffered losses on them.

Credit Suisse says it has bought back CHF100 million (USD88 million) worth of Lehman Brothers capital protected funds from clients who suffered losses on them. According to Walter Berchtold, head of private banking at CS, the offer was made only to those customers with less than CHF500,000 at ...

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