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Credit Suisse short-sellers book $430m in profit

Major share price falls across both Credit Suisse's listings at home and in New York have allowed short-sellers to book healthy profits

Shareholders of Credit Suisse will receive one UBS share per every 22.48 in Credit Suisse
Shareholders of Credit Suisse will receive one UBS share per every 22.48 in Credit Suisse Photo: Fabric Coffrini/Getty Images

The Credit Suisse crisis has rewarded short-sellers with millions in profit as market panic left the Swiss banking giant's share price reeling.

Credit Suisse short-sellers have made nearly $430m in profit across the bank’s Switzerland- and New York-listed shares since 17 March’s market close, according to financial analytics provider ORTEX.

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