சுவிட்சர்லாந்து நிதி சந்தை மேற்பார்வை அதிகாரம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Swiss banking giant Credit Suisse is under the scrutiny of regulators over massive losses from the bankruptcies of British financial firm Greensill and US hedge fund Archegos. Switzerland’s Financial Market Supervisory Authority (FINMA) on Thursday opened enforcement proceedings against the bank over the Archegos losses. The regulator is investigating whether there were deficiencies in risk management. FINMA has appointed an investigator to probe the matter at the bank. It is also exchanging information with counterparts in Britain and the United States. The bank was already in the crosshairs of Swiss regulators over its investments in Greensill, an opaque firm issuing short-term corporate loans that was forced to scrap four funds and declare insolvency in March. Last week FINMA ordered the bank to take additional temporary and precautionary measures to reduce risks and capital surcharges. Credit Suisse on Thursday reported a net loss of CHF252 million ($275 million) for the first qu

United statesUnited kingdomBrian chinLara warnerThomas gottsteinCredit suisseSwitzerland financial market supervisory authorityFinancial market supervisory authorityWall street journalLatest newsஒன்றுபட்டது மாநிலங்களில்ஒன்றுபட்டது கிஂக்டம்பிரையன் கன்னம்லாரா எச்சரிக்கைதாமஸ் கோதிட்சிதேன்கடன் ஸ்யூயி