Credit Suisse (CS) clients have withdrawn $4.4B from U.S. and European funds since the bank agreed to be acquired by UBS (UBS) last month, with recent inflows indicating the worst of the bleeding may be over, Bloomberg’s Sonia Sirletti reports. The Swiss lender’s European funds suffered $3.8B in net redemptions between March 20 and April 6, while U.S. funds saw another $575M withdrawn, the author says, citing data from Morningstar. Reference Link
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