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    Home > Banking > Credit Suisse gets more cash in Greensill funds
    Banking

    Credit Suisse gets more cash in Greensill funds

    Published by maria gbaf

    Posted on February 15, 2022

    1 min read

    Last updated: January 20, 2026

    The image features the Credit Suisse logo alongside the Swiss national flag, symbolizing the bank's ongoing efforts to recover funds from the Greensill crisis. This visual relates to the article's focus on Credit Suisse's financial recovery in banking and finance.
    Credit Suisse bank logo with Switzerland's national flag - Global Banking & Finance Review
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    Quick Summary

    ZURICH (Reuters) – Credit Suisse has recovered more cash from the frozen supply chain finance funds linked to Greensill and has filed seven insurance claims in the matter so far, its asset management arm said on Monday.

    ZURICH (Reuters) – Credit Suisse has recovered more cash from the frozen supply chain finance funds linked to Greensill and has filed seven insurance claims in the matter so far, its asset management arm said on Monday.

    “Together with the cash that has already been distributed and cash remaining in the funds as of January 31, 2022, the cash position is equivalent to approximately $7.3 billion, or 73% of the funds’ AuM at the time of their suspension,” it said.

    The bank said last month it had recovered $7.2 billion in the funds that it suspended last March.

    (Reporting by Michael Shields, editing by John Revill)

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