Wealth and Asset Management
Credit Suisse loses ground in prime broking after Archegos blow-up
Credit Suisse has lost ground to rival banks in winning new business for its prime brokerage unit this year, after suffering a $5.5bn loss on credit extended to Bill Hwang’s Archegos family office and pledging to scale back risk in its business. So far in 2021, Credit Suisse has won…
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Click here to read the full story: Financial Times