Credit Suisse can weather Archegos fallout, says IMF mission chief

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By Paulmillar in News
Updated 3 years ago

Credit Suisse should be able to weather a $4.7 billion loss from the Archegos hedge fund and the collapse of $10 billion worth of Greensill funds, with no meaningful risk to the Swiss financial sector's health from the episodes, the IMF's country mission head said.

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