Browsing Tag:reporting

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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