Credit Suisse slashes dividend and overhauls management as it takes $4.7-billion hit from Archegos fallout Brenna Hughes Neghaiwi and Matt Scuffham ZURICH Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer ARND WIEGMANN/Reuters Credit Suisse Groupsaid Tuesday it will take a 4.4-billion Swiss franc ($5.9-billion) hit from dealings with Archegos Capital Management, prompting it to overhaul the leadership of its investment bank and risk divisions. The scandal-hit bank now expects to post a loss for the first quarter of around 900-million Swiss francs. It is also suspending its share buyback plans and cutting its dividend by two-thirds.