20-07-2020 18:53 via uk.finance.yahoo.com

SoftBank pulls investment from Credit Suisse funds - sources

SoftBankhas pulled a more than $500 million investment from Credit Suisse'ssupply chain finance funds after the Swiss bank reviewed the funds including the Japanese conglomerate's role, according to two sources.The Swiss bank launched the review after the Financial Times reported last month that SoftBank had put $500 million into some Credit Suisse funds, which in turn invested in assets selected by SoftBank-backed lender Greensill Capital.
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