Credit Suisse Removes Top Execs After $4.7B Archegos Hit

By Najiyya Budaly (April 6, 2021, 11:39 AM BST) -- Credit Suisse said on Tuesday that it has removed its top risk and compliance officer and the chief executive of its investment banking arm from their posts after revealing that it will take a hit of 4.4 billion Swiss francs ($4.7 billion) from its exposure to U.S. hedge fund Archegos Capital....

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