According to foreign media reports, after the US hedge fund defaulted, Credit Suisse is closing its position.

Credit Suisse (Credit Suisse) said, “A large US hedge fund failed to meet the additional security deposit requirements issued by Credit Suisse and some other banks last week. Credit Suisse and many other banks are exiting these positions after the fund failed to meet these security deposit promises.”

Credit Suisse warned that losses resulting from the incident could have a “significant impact” on first-quarter finances. The bank said, “Although it is still too early to quantify the exact size of losses caused by the exit, this could have a significant impact on our first-quarter results, even though we announced a positive trend in this month's trading statement earlier.”

Credit Suisse stated that it plans to provide progress on this matter in due course thereafter.

Earlier, Japanese brokerage firm Nomura announced on Monday that an American client had caused a “huge loss”. Based on market prices as of March 26, the amount of claims against this customer is estimated to be about 2 billion US dollars. Nomura Securities is currently evaluating the extent of possible losses and their impact on consolidated financial results.

The current decline in the Japanese stock of Nomura Securities has widened to 17%, the biggest decline since 2011/3.

The decline in the three major US stock indices has now widened, and NASDAQ futures have fallen by more than 1%.