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Credit Suisse helped Archegos take 'potentially catastrophic' risks before losing billions when it c

CNN

Credit Suisse investment bankers allowed Archegos Capital to take "voracious" and "potentially catastrophic" risks that culminated in the US hedge fund's spectacular collapse in March, costing the bank $5.5 billion and causing chaos on Wall Street, according to an investigation published Thursday.

July 30th 2021, 9:53 am
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