Credit Suisse scraps bonuses, bosses exit after Archegos, Greensill fallout – business live

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Credit Suisse scraps bonuses, bosses exit after Archegos, Greensill fallout – business live
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Rolling coverage of the latest economic and financial news as Credit Suisse revealed a £3.4bn hit from the Archegos fallout

And the belated print from Germany’s DAX shows the index hitting a fresh record after opening 1.1% higher at the start of trading.

 

Take note US Corporations, THIS is what should happen when your company suffers a loss. No bonuses!

CS = Headhunters’ Nirvana :)

Decency at last!!!

More good news please(((

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Credit Suisse posts ‘unacceptable’ loss after Archegos collapse; markets await ECB decision – business liveCredit Suisse posts ‘unacceptable’ loss after Archegos collapse; markets await ECB decision – business liveRolling coverage of the latest economic and financial news
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