Credit Suisse is said to have lost $3B-$4B on Archegos selloff, FT says

seekingalpha2021-03-30

Credit Suisse reportedly lost between $3B and $4B due to theArchegos Capital liquidation, theFT reportedearlier, citingtwo people close to the bank.Credit Suisse earlier said that the size of the ...

Source Link
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • erichosk
    2021-03-30
    erichosk
    That means the total bank losses will be more than 8b.
  • StansenSG
    2021-03-30
    StansenSG
    Comment n like. 
  • Jo118
    2021-03-30
    Jo118
    Hi like this please
  • Jwl
    2021-03-30
    Jwl
    Danger
  • TraderJo98
    2021-03-30
    TraderJo98
    Wow
  • Fatedsinned
    2021-03-30
    Fatedsinned
    Hedge fund should be accounted for their actions. Only the people who entrusted their money were affected.
Leave a comment
10