ZURICH, April 26 (Reuters) - Credit Suisse said on
Monday that four supply chain finance funds linked to Greensill
had around $880 million in cash as of last week after it had
already distributed $4.8 billion to investors.
Switzerland's second-biggest bank is reeling from its
exposure to the collapse first of Greensill Capital and then
Archegos Capital Management within a month.
Its asset management unit was forced last month to shut $10
billion of supply chain finance funds that invested in bonds
issued by Greensill after the British firm lost credit insurance
coverage shortly before filing for insolvency.
(Reporting by Michael Shields and Oliver Hirt;
Editing by Alexander Smith)