ZURICH: SoftBank has pulled more than US$500mil in investment from Credit Suisse’s supply 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 US$500mil into some Credit Suisse funds, which in turn invested in assets selected by SoftBank-backed lender Greensill Capital.
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