Credit Suisse takes $4.7 billion hit from hedge fund collapse

Name: Credit Suisse takes $4.7 billion hit from hedge fund collapse
Uploaded: 2021-04-06T14:38:12+00:00
Duration: P162S
Description: The collapse of US hedge fund Archegos Capital cost Credit Suisse nearly $4.7 billion and two of the bank’s top executives their jobs. CNN’s Ann Stewart

Credit: Bleacher Report AOL

Duration: 02:42s 06 Apr 2021 0 shares 3 views

Credit Suisse takes $4.7 billion hit from hedge fund collapse

The collapse of US hedge fund Archegos Capital cost Credit Suisse nearly $4.7 billion and two of the bank’s top executives their jobs.

CNN’s Ann Stewart reports.

Credit Suisse takes $4.7 billion hit from hedge fund collapse

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