STARTUPSCredit Suisse Takes $4.7 Billion Charge Due to Hedge FundNileshApril 6, 2021April 8, 2021 by NileshApril 6, 2021April 8, 202101431 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 ArchegosNileshMarch 30, 2021April 8, 2021 by NileshMarch 30, 2021April 8, 202101435 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...