Large U.S. banks have managed their exposure to Credit Suisse in recent months and view risks from the lender as contained so far, according to three industry sources on Wednesday who declined to be identified because of the sensitivity of the situation.
Bankers were more concerned about contagion or unexpected effects of the Swiss lender's troubles that are not yet understood, one source said.
One asset manager in New York was assessing its trading counterparty risk with Credit Suisse, according to a source familiar with the situation.
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