Swiss bank UBS offers 90% refund of Credit Suisse funds linked to 2021 Greensill Capital collapse.

Swiss bank UBS is offering investors in Credit Suisse funds linked to the 2021 collapse of Greensill Capital a significant proportion of their money back. The offer, open until July 31, will see investors receive 90% of the net asset value on Feb. 25, 2021. UBS inherited these files when it bought Credit Suisse last year, and the funds' collapse was a contributing factor to Credit Suisse's demise.

June 17, 2024
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