Hedge fund fallout wipes over $9 billion from market value of Credit Suisse, Nomura

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By Alvarez in News
Updated 3 years ago

Shares in Nomura and Credit Suisse fell further on Wednesday, with a collective $9 billion wiped off their market value so far this week as the banks braced for big losses from the blow-up of U.S.-based hedge fund Archegos Capital.

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