Credit Suisse Group warned it faces a financial charge from the collapse of Greensill Capital this month, even as its chief executive indicated it doesn’t plan to cover potential losses at $10bn in funds tied to the insolvent finance company.

The Swiss lender’s asset-management arm ran four funds that bought notes from Greensill, a supply-chain finance specialist that made short-term cash advances to companies and packaged them into investments. Credit Suisse marketed the funds to pension funds, corporate treasurers and wealthy investors as a higher-yielding alternative to money-market funds.