皇冠体育寻求亚洲战略合作伙伴,皇冠代理招募中,皇冠平台开放会员注册、充值、提现、电脑版下载、APP下载。

首页社会正文

us apple developer accounts for sale:Credit Suisse overhauls executive board as it estimates Archegos fallout at US$4.7bil

admin2021-12-02171

USDT交易平台

U交所(www.payusdt.vip)是使用TRC-20协议的Usdt官方交易所,开放USDT帐号注册、usdt小额交易、usdt线下现金交易、usdt实名不实名交易、usdt场外担保交易的平台。免费提供场外usdt承兑、低价usdt渠道、Usdt提币免手续费、Usdt交易免手续费。U交所开放usdt otc API接口、支付回调等接口。

choi

sàn casino đổi thưởng tiền mặt uy tín SỐ 1 ,Bạn có thể nạp và rút tiền với; Ví điện tử ; đồng tiền ảo; usdt; an toàn tiện lợi và có độ bảo mật cao. Mọi thông tin chi tiết xin liên hệ URL:www.vng.app。

,

Zurich: Credit Suisse Group AG on Tuesday announced an estimated loss of 4.4 billion Swiss francs ($4.7 billion) from its relationship with Archegos Capital Management LP, suspended a share buyback programme and cut its proposed dividend.

The Swiss bank, which has dumped over $2 billion worth of stock to end exposure to the troubled investor, also said its Chief Risk Officer Lara Warner and Brian Chin, the bank's investment banking head, were stepping down.

It said Christian Meissner would be appointed chief of the investment bank as of May 1, Joachim Oechslin would be interim chief risk officer and Thomas Grotzer would be interim global head of compliance.

"The significant loss in our Prime Services business relating to the failure of a US-based hedge fund is unacceptable," Credit Suisse Chief Executive Thomas Gottstein said in a statement. "Serious lessons will be learned. Credit Suisse remains a formidable institution with a rich history." Warner and Chin are paying the price for a year in which Credit Suisse's risk management protocols have come under harsh scrutiny, with two major relationships turning sour in quick succession, saddling the bank with losses that JPMorgan Chase & Co *** ysts estimate could add up to $7.5 billion.

Archegos, a private investment vehicle of former hedge fund manager Sung Kook "Bill" Hwang, fell apart late last month when its debt-laden bets on stocks of certain media companies unravelled. Credit Suisse and other banks, which acted as Archegos' brokers, had to scramble to sell the shares they held as collateral and unwind the trades.

For Credit Suisse, the Archegos episode came just weeks after the demise of another major client - the British finance firm Greensill. Credit Suisse had marketed funds that financed Greensill's operations. Warner's role has come under scrutiny in the aftermath of that firm's collapse as well.

"Obviously heads are rolling. After any sort of blow up there's always tighter control," said Jason Teh, chief investment officer at Vertium Asset Management in Sydney.

Credit Suisse had lost a lot of money and its share price will struggle to rally, Teh said.

"In the short term, even if all that is declared, (the stock) is not going to go up because you still have to grow earnings. Basically they've lost earnings and they won't get it back until they find another way to get it." Credit Suisse's share price has fallen by a quarter in the past month as investors assess the hit to the bank's bottom line and credibility, overshadowing an otherwise strong start to the year.

The episodes have also put pressure on Chief Executive Thomas Gottstein who has been trying to move Credit Suisse on from another string of bad headlines, spanning a spy scandal that ousted predecessor Tidjane Thiam to a $450 million write-down on a hedge fund investment.

网友评论

5条评论