Final Days at Credit Suisse Were Marked by a $69 Billion Race for the Exits

Credit Suisse said on Monday that clients had withdrawn nearly $69 billion in the first quarter, underscoring the spiraling troubles the embattled Swiss bank faced that forced a fire sale to its archrival, UBS, in March.

In its final financial report as an independent company, Credit Suisse — which lost 1.3 billion Swiss francs, or $1.46 billion, in the first three months of the year — said that it had suffered “