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ARCHEGOS INSOLVENCY
Credit Suisse seeks billions from investors in make-or-break overhaul; shares plunge 14%The announcement followed torrid weeks for the bank and fell flat with investors. Its stock, which has plumbed record lows in recent weeks,...
Credit Suisse's scandals - spies, lies and money launderingThe bank is battling market skepticism about its financial health after a string of scandals, months after it was found guilty by Switzerla...
Credit Suisse slashes top executives' bonuses 64% for torrid 2021Credit Suisse's 2021 was marked by the collapse of $10 billion in supply chain finance funds linked to insolvent British finance firm Green...
Credit Suisse chairman quits over COVID-19 breaches in latest setbackCredit Suisse Chairman Antonio Horta-Osorio has resigned after flouting COVID-19 quarantine rules, the bank said on Monday, raising questio...
Archegos fallout shows big banks need to be resilient, Swiss central bank says"This incident demonstrates that banks are exposed to significant risks that are not necessarily related to macroeconomic or system-wide fi...
Archegos prepares for insolvency as banks seek compensation: ReportArchegos has hired restructuring advisers to assess the potential legal claims from banks and to plan for a possible winding down of its op...
Credit Suisse board member Gottschling to exit after risk management debacleGottschling is leaving after proxy adviser Glass Lewis and some of Credit Suisse's large investors were opposed his to re-election to the b...
Credit Suisse sued over risk exposure to Greensill Capital, ArchegosThe pension fund, City of St. Clair Shores Police & Fire Retirement System, based in St. Clair Shores, Michigan, filed the class action law...
Two Credit Suisse executives to depart as bank details Archegos losses: ReportThe bank was already facing scrutiny over its relationship with British finance firm Greensill, which collapsed into insolvency last month.