Credit Suisse scraps bonuses, bosses exit after Archegos, Greensill fallout – business live

Join Hafta-Ichi to Research the article “Credit Suisse scraps bonuses, bosses exit after Archegos, Greensill fallout – business live”

Rolling coverage of the latest economic and financial news as businesses in England prepare to reopen on 12 April

  • ‘Sunshine shifts’ and parasols as English pubs prepare for reopening
  • Travel industry frustrated by lack of clarity on road map to reopening

10.10am BST

The FTSE 100 and FTSE 250 are among the best performing indexes across Europe, up 1.4% and 1.2%, respectively.

9.34am BST

My colleague Jasper Jolly has the full story on Credit Suisse:

Credit Suisse has cancelled the bonuses of its directors, slashed its dividend and announced the departure of two senior executives as the bank revealed £3.4bn in losses from the collapse of the Archegos investment fund.

Related: Credit Suisse executives depart after Archegos and Greensill losses

Continue reading…

Hafta Ichi
Source: The Guardian
Keyword: Credit Suisse scraps bonuses, bosses exit after Archegos, Greensill fallout – business live

Leave a Comment

Your email address will not be published. Required fields are marked *