Credit Suisse settles U.S. shareholder lawsuit over risk exposure, Archegos
- Stock Market Stocks to buy Stocks to sell
admin
- 0
- 1 minute read
Credit Suisse Group AG reached a $32.5 million settlement to resolve a lawsuit accusing the Swiss bank of misleading shareholders about how well it managed risk, including its exposure to “high-risk” clients such as Archegos Capital Management.
:max_bytes(150000):strip_icc():format(jpeg)/SECForm425-41087544bb054a868ccbeb13482beb63.jpg "What Does a Chief Financial Officer (CFO) Do?")
:max_bytes(150000):strip_icc():format(jpeg)/GettyImages-2159746556-2e3b77ab7fc54f1b97c114d57974e4f1.jpg "What Happens to Your Money When Your Fintech Company Goes Bust?")
:max_bytes(150000):strip_icc():format(jpeg)/GettyImages-119717054-dc96ff6f97be43ca89b9d19f53318a70-a8d2635c71d54da794bbfdc95d522e44.jpg "<div>Yes, You Can Retire on a Cruise Ship. Here's What It Costs</div>")
:max_bytes(150000):strip_icc():format(jpeg)/GettyImages-469310035-6b91d5b65b7449c5882b4144acd14206.jpg "Correlation Coefficients: Positive, Negative, and Zero")
:max_bytes(150000):strip_icc():format(jpeg)/GettyImages-497277330-0ce0bc2661664a18ac4476b5be0eaa8d.jpg "On Which Financial Statements Do Companies Report Long-Term Debt?")
:max_bytes(150000):strip_icc():format(jpeg)/GettyImages-1055247044-c1c66750541b4532813e54d8bc5a1854.jpg "<div>Credit Rating vs. Equity Research: What's the Difference?</div>")
:max_bytes(150000):strip_icc():format(jpeg)/GettyImages-518595670-91421a5730064d22b00fb052e694fdc8.jpg "<div>A Beginners' Guide to Managing Your Money</div>")