The report found that the investment bank’s risk divisions continuously failed to address frequent exposure limit breaches by the family office.
Tag: Credit Suisse
New chief risk officer from Goldman Sachs replaces former risk chief Lara Warner who was ousted following the Archegos Capital scandal in April.
New chief technology and operations officer joins Credit Suisse from Goldman Sachs most recently as head of EMEA technology and quality assurance engineering.
Registered swap dealers at Credit Suisse were found to have inaccurately reported swap transactions by the US derivatives regulator.
New head of EMEA emerging markets macro and local sales brings 20 years of emerging markets sales experience at Credit Suisse to the role.
According to the Coalition Greenwich index, equities revenues reached one of the highest quarterly revenues in a decade excluding losses related to the Archegos scandal.
Bank of America, Credit Suisse and Credit Agricole fined €28 million for role in bond trading cartel
Deutsche Bank blew the whistle on the cartel and so was not fined alongside Bank of America, Credit Agricole and Credit Suisse despite having traders active in the scheme.
An extensive review of the prime brokerage business at Credit Suisse will focus on derisking and resizing its hedge fund servicing unit.
The exercise between Credit Suisse and Nomura's Instinet demonstrated the ability for firms to execute and settle US equities trades conducted throughout the day.