In a small but lucrative corner of the market for structured credit products, boutique funds run by former Credit Suisse ...
Among the major banks that suffered huge losses as a result of Archegos' implosion were Credit Suisse, which has since become a part of UBS, Japan's Nomura and Morgan Stanley. Hwang's lawyers had ...
Risk models at Credit Suisse had flagged the dangers before their $5.5 billion Archegos loss. Silicon Valley Bank's risk metrics showed clear warnings before their collapse. In both cases ...
Credit Suisse seems to have been particularly susceptible ... The bank then lost $4.7bn (£3.6m) after providing services to Archegos Capital, a hedge fund that collapsed in 2022.
In 2021, Credit Suisse was one of the banks involved in the Archegos Capital Management scandal, which caused it $4.7 billion in losses. Credit Suisse was also the lead investor in the failed ...
UBS Group AG has removed Credit Suisse’s signs at its one-time arch-rival’s former headquarters in Zurich, replacing them ...
Prior to its collapse, Credit Suisse had been shaken by repeated scandals in recent years, including the bankruptcy of British financial firm Greensill and the implosion of the US fund Archegos ...
More former Archegos Capital Management employees want to seek lost salaries and bonuses from ex-boss Bill Hwang, who is ...