Credit Suisse cuts leverage exposure by $11.5bn

- By Alessandro Aimone
- @aimoneale
- 29 Apr 2022

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Leverage exposures at Credit Suisse dropped Sfr11.1 billion ($11.5 billion) in the first quarter of the year, as the bank continued slashing its prime brokerage business following the Archegos blow-up.

Total leverage ratio exposure stood at Sfr878 billion at end-March, down 1.3% and 10.6% from three and 12 months prior, respectively.

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