Browsing Tag:Takes

credit-suisse-takes-4-7-billion-hit-from-archegos-hedge-fund-scandal
A Swiss flag flies over a Credit Suisse sign in Bern, SwitzerlandFABRIC COFFRINI | AFP | Getty ImagesCredit Suisse announced several senior executives leaving Tuesday and proposed cutting its dividend as it weighs the heavy losses from the Archegos Capital saga.The Swiss lender now expects a pre-tax loss of around 900 million francs (960.4 million US dollars)...
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