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Credit Suisse’s heads of IB and risk fall on swords after Archegos implosion

Credit Suisse_575px_adobe_16Jul20

Credit Suisse has begun an overhaul of its leadership following the collapse of Archegos Capital, as well as losses from the bank’s ties to Greensill Capital. The Swiss lender has cut dividend payments by two thirds, and slashed bonuses for senior executives.

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