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Confirmation of a first quarter 2022 in red and announcement of changes in management. A busy day for Credit Suisse, the second largest Swiss bank, behind UBS. The quarterly net loss is 273 million francs (267 million euros), higher than the loss for the same period of 2021, which had been 252 million.
The main ingredients of the red of the first three months of this year are the provisions of 703 million for legal disputes, the value adjustment of …