The logo of Swiss bank Credit Suisse in Zurich, Switzerland March 24, 2021. Photo: Reuters The logo of Swiss bank Credit Suisse in Zurich, Switzerland March 24, 2021. Photo: Reuters
The logo of Swiss bank Credit Suisse in Zurich, Switzerland March 24, 2021. Photo: Reuters

Picking up the pieces of Bill Hwang’s Archegos Capital blowup: Credit Suisse weighs replacing risk chief in looming executive shake up

  • A hit to profit exceeding US$5 billion would start to pressure on Credit Suisse’s capital position, according to JPMorgan
  • The Swiss regulator FINMA increased Credit Suisse’s requirements under its Pillar 2 buffer

Topic |   Banking & Finance
The logo of Swiss bank Credit Suisse in Zurich, Switzerland March 24, 2021. Photo: Reuters The logo of Swiss bank Credit Suisse in Zurich, Switzerland March 24, 2021. Photo: Reuters
The logo of Swiss bank Credit Suisse in Zurich, Switzerland March 24, 2021. Photo: Reuters
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