Credit Suisse moves to boosts capital ahead of a further Archegos hit

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By Hernandez in Business
Updated 3 years ago

ZURICH (Reuters) -Credit Suisse will raise over $2 billion to strengthen its capital base after flagging a further hit from the collapse of U.S. investment fund Archegos and as Swiss regulators took action against the bank over the multi-billion dollar debacle. The demise of Archegos and another major client, British...

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