CS - Credit Suisse cuts lending relationship with SoftBank founder Son

Credit Suisse (CS) is continuing its breakup with SoftBank ([[SFTBF]],[[SFTBY]]) after the Greensill Capital collapse.The bank has long been one of the largest personal lenders to SoftBank CEO Masayoshi Son. In February of this year, Son had around $3B worth of his SoftBank stake pledged as collateral with Credit Suisse. By last month, the lending had dropped to zero, according to regulatory filings spotted by the Wall Street Journal. Related: Credit Suisse cuts off dealings with SoftBank due to Greensill collapse

For further details see:

Credit Suisse cuts lending relationship with SoftBank founder Son