Credit Suisse Surprises With $2 Billion Capital Raise, Still Has Exposure To Archegos In "Three Distinct Positions"

“Although capital has been mainly addressed, we still see questions remaining in terms of strategy and risk management,” JPMorgan Chase & Co. analysts wrote in a note to investors. “Capital has been clearly the main focus.” JPMorgan analysts Kian Abouhossein and Amit Ranjan previously said that the total impact for Credit Suisse from both Archegos and Greensill could add up to $8.7 billion.

1 2 3 4
View single page >> |

Disclaimer: Copyright ©2009-2021 ZeroHedge.com/ABC Media, LTD; All Rights Reserved. Zero Hedge is intended for Mature Audiences. Familiarize yourself with our legal and use policies every time ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.