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People and MarketsBank Results

Mo' money, mo' problems: crises obscure bumper IB haul at CS

Alamy Credit Suisse April 2021 575x375

Revenues at Credit Suisse’s investment bank are up 80% year-on-year amid a boom in capital markets business, but the fallout from the firm’s dealings with Archegos Capital and Greensill Capital meant that the group reported a net loss of Sfr252m (€476m).

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