Credit Suisse on Tuesday warned it might incur charges following the collapse of its Greensilllinked supply chain finance funds and other dealings with the specialty firm.

The lender has been facing the fallout from the collapse of 10 billion worth of funds linked to British financial services firm Greensill Capital, which last week filed for insolvency after losing the support of its main backers.

While these issues are still at an early stage, we would note that it is possible that Credit Suisse will incur a charge in respect of these matters, it said in a statement.

Credit Suisse has paid investors some 3.1 billion in redemptions from the four funds thus far, or just under a third of their value shortly before suspension, and said it would be announcing further cash distributions over coming months.

Chief Executive Thomas Gottstein, who is due to present at the Morgan Stanley European Financials Conference later on Tuesday, has been trying to move the bank on from a string of bad headlines, spanning a spying scandal that embroiled his predecessor Tidjane Thiam just over a year ago to paying out millions of dollars to settle a legacy legal case.

Its share price has fallen 10.6 since the bank announced its supply chain funds were being frozen on March 1.

The supplychain financier Greensill began to unravel in early March after losing insurance coverage for its debt repackaging business, prompting Credit Suisse to freeze funds linked to it.

Switzerlands…