Fed says no change to monetary policy, Credit Suisse’s new chair aims for turnround
FT News Briefing
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Chaos and Consequences: The Credit Suisse Crisis
This chapter examines the turmoil surrounding Credit Suisse, focusing on its $1.9 billion emergency fundraising amidst shareholder unrest over bonus cuts. It also analyzes the bank's risk management failures during the Archegos scandal and explores the systemic issues stemming from these investment decisions.
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Transcript
