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Credit Suisse Prime-Brokerage Heads to Leave After Archegos

Credit Suisse Prime-Brokerage Heads to Leave After Archegos This content was published on April 20, 2021 - 06:48 April 20, 2021 - 06:48 (Bloomberg) -- Credit Suisse Group AG’s prime-brokerage co-heads are leaving the bank in the wake of its $4.7 billion loss from the implosion of Archegos Capital Management, according to a company memo. John Dabbs and Ryan Nelson will step down immediately while assisting Credit Suisse through mid-May on an orderly transition, the bank said in the memo. Roger...
Doug Crofton Manish Mehta John Dabbs Bryan Atkinson Ryan Nelson Brian Chin

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Credit Suisse Prime Brokerage Heads Fired Over Archegos Blowup

by Tyler Durden Apparently, firing half a dozen executives including its head of risk management (Lara Warner, also one of the most high-ranking women in the global financial services industry) hasnt done enough to quiet shareholders demands for change atop Credit Suisse, the Swiss banking giant that reported a $4.7 billion loss from the collapse of Archegos Capital Management, with billions of losses likely to follow from the collapse for Greensill. As CEO Thomas Gottstein clings to his posit...
Ryan Nelson Doug Crofton Stuart Mcguire Lara Warner Roger Anerella Thomas Gottstein

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