Tag: Archegos Capital
Profit warning over billions: Credit Suisse shocked shareholders
Credit Suisse lettering The bank is struggling with the aftermath of the multi-billion dollar twin debacle involving the Archegos hedge fund and the Greensill funds. (Photo: Reuters) Zurich Credit Suisse…
Profit collapses by more than a fifth
Credit Suisse The bank was able to release provisions for loan losses. (Photo: Reuters) Zurich The major Swiss bank Credit Suisse is restructuring its business and, after the series of…
Profit collapses by more than a fifth
Credit Suisse The bank was able to release provisions for loan losses. (Photo: Reuters) Zurich The cost of settling bribery and fraud proceedings and higher tax expenses brought about a…