STARTUPSCredit Suisse Takes $4.7 Billion Charge Due to Hedge FundadminApril 6, 2021April 8, 2021 April 6, 2021April 8, 2021 Credit Suisse Group AG will take $4.7 billion writedowns tied to the implosion of Archegos Capital Management and replace more than half a dozen executives...
BUSINESSGlobal Banks May Lose $6 Billion From Collapse of ArchegosadminMarch 30, 2021April 8, 2021 March 30, 2021April 8, 2021 Global banks may lose out on more than $6 billion as Archegos Capital Management run by former Tiger Asia hedge fund manager Bill Hwang triggered...