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Join the Securities Litigation and Enforcement Group on LinkedInCredit Suisse Takes $4.7 Billion Hit on Archegos Meltdown – WSJ
Credit Suisse Group AG reported a $4.7 billion hit from the meltdown of Archegos Capital Management, slashed its dividend and said its investment banking and risk chiefs would leave the bank. The Swiss lender has been the hardest hit by the collapse late last month of Archegos, a U.S. family investment firm, suffering a major […]