From Credit Suisse's consequences to the problems of space trash – Here's your November 25 news briefing To start off, we're looking into: Credit Suisse expects big losses – Credit Suisse has faced a string of scandals recently.
Credit Suisse is going through the wringer again Swiss banking giant Credit Suisse has had its ups and downs recently. See, the company hasn’t done the best job of risk management, meaning investors have been a little shaken. And it’s seen its share price fluctuate as a result of its upcoming turnaround plan. Speculations about its
Five bankers leave Credit Suisse’s Hong Kong branch We talked a bit yesterday about how Credit Suisse, a Swiss investment bank, has been going through the wringer recently. It’s dealt with high-profile scandals, a very non-favorable market for its target audience, and most recently, its stock prices jerking around because investors are skeptical about its ability to
Credit Suisse has ups and downs in one day Swiss bank Credit Suisse has sort of been going through it lately. It’s dealt with scandals in recent years (including that time it lost billions of dollars on a bad bet with Bill Hwang), and it’s going through an overhaul later this month. On top of that, the
After the Archegos and Greensill collapse, Credit Suisse is fundraising big time. Here’s what you need to know Credit Suisse has been struck hard by the collapse of two of their major clients: Greensill Capital and Archegos Capital. What is Credit Suisse? * Credit Suisse Group AG is an investment bank based out of Switzerland. * The bank has a history of scandals, which have included corruption schemes, spying on
Credit Suisse is in trouble. Here’s why A recent data leak is only the most recent chapter in a yearslong string of scandals and misfortune that have landed the investment bank in an incredibly precarious position. Credit Suisse Group AG is no stranger to scandal, but it might be teetering on its last leg. On April 9,