{"id":9511,"date":"2008-12-29T00:00:00","date_gmt":"2008-12-29T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"credit-suisse-clients-may-have-lost-627-mln-pounds-19518-mln-on-madoff","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2008\/credit-suisse-clients-may-have-lost-627-mln-pounds-19518-mln-on-madoff.html","title":{"rendered":"Credit Suisse clients may have lost 627 mln pounds ($195.18 mln) on Madoff"},"content":{"rendered":"<p>Reuters UK &#8211; Credit Suisse clients may have lost up to 1 billion Swiss francs (627.3 million pounds) ($195.18 mln) on investments connected to accused swindler Bernard Madoff, newspaper Sonntag reported on Sunday. <\/p>\n<p>Without giving details of its sources, Sonntag reported that internal forecasts at Credit Suisse showed that customers of Switzerland&#8217;s second-largest bank could have lost 0.9-1.0 billion francs in the Madoff case.<\/p>\n<p>Credit Suisse spokesman Jan Vonder Muehll said: &quot;Credit Suisse did not actively recommend or sell products invested with Bernard Madoff.<\/p>\n<p>&quot;Furthermore, none of the funds of hedge funds offered by Credit Suisse contained holdings in Madoff funds.&quot;<\/p>\n<p><a href=\"..\/news\/news_land.php?i=http:\/\/uk.reuters.com\/article\/businessNews\/idUKTRE4BR19K20081229\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters UK &#8211; Credit Suisse clients may have lost up to 1 billion Swiss francs (627.3 million pounds) ($195.18 mln) on investments connected to accused swindler Bernard Madoff, newspaper Sonntag reported on Sunday. Without giving details of its sources, Sonntag [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[1570,4331,4765,956,4647,1482,4326,4545,4766,1034,4767],"class_list":["post-9511","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-1-billion","tag-bernard-madoff","tag-case-credit","tag-credit-suisse","tag-funds-of-hedge-funds","tag-investments","tag-reuters","tag-spokesman","tag-swindler","tag-swiss-francs","tag-switzerland"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9511","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=9511"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9511\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}