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