Nomura Reports Largest Quarterly Loss Since 2008 Global Financial Crisis Japan's biggest brokerage and investment bank took a $2.3 billion hit from the collapse of Archegos Capital. 2 MIN READ 04.27.2021
Credit Suisse Offers Large Blocks of Discovery and iQIYI in After Hours Trading Tuesday The bank has taken a $4.7 billion from its transactions with Archegos Capital and has not yet finished unwinding its positions. 2 MIN READ 04.14.2021
Credit Suisse To Take $4.7 Billion Hit From Archegos Capital Default The bank said that chief risk and compliance officer Lara Warner and investment banking head Brian Chin were stepping down. 5 MIN READ 04.6.2021
Credit Suisse To Announce Executive Departures in Wake of Archegos Losses The bank is expected to give an investor update on Tuesday detailing how much it expects to lose because of its exposure to Archegos Capital. 1 MIN READ 04.6.2021
Fallout From Archegos Capital Default Erases $9 Billion in Market Value From Nomura and Credit Suisse Nomura and Credit Suisse were slower than rivals in cutting their exposure to Archegos and are paying for it now. 2 MIN READ 03.31.2021
Nomura and Credit Suisse Warn of Billions of Dollars in Losses After Archegos Capital Default Nomura said it faced a possible $2 billion loss, while Credit Suisse warned of a "highly significant and material" impact to Q1 results. 5 MIN READ 03.29.2021
