Browsing Tag:Credit

goldman-sachs-credit-suisse-using-free-food-to-lure-workers-back
Sharebite CEO and Co-Founder Dilip Rao and Co-Founder Mohsin MemonSource: SharebiteThere is no such thing as a free lunch - unless large companies want to bring their employees back to the office during a pandemic.Employers, including banks and asset managers, tech companies, and law firms, step up plans to get back to work as more Americans get vaccinated and...
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credit-suisse-replaces-executives-after-reporting-big-loss-from-archegos
Credit Suisse announced Tuesday that it would replace its investment bank head and head of risk and compliance after losses from its stake in Archegos Capital Management, the collapsed hedge fund, totaled nearly $ 5 billion.The Zurich-based bank is in turmoil after a series of disasters that have damaged its reputation and are likely to diminish its global clout....
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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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