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Credit Suisse to shutter suspended funds with $10bn exposure to Greensill - Vimarsana News

Credit Suisse to shutter suspended funds with $10bn exposure to Greensill

Financial News The four Greensill-linked funds were suspended on 1 March amid uncertainties about their valuations Credit Suisse Group knew since 2019 that supply-chain finance funds it ran with Greensill Capital were too reliant on a small group of insurers to protect investors against default Getty Images By Friday March 5, 2021 8:01 am Credit Suisse Asset Management has said it will terminate four funds valued at $10bn which it suspended on 1 March over uncertainty over their valuation. The four funds invested in assets created by supply chain financing firm Greensill ...

Meet the top 50 dealmakers in European M&A - Vimarsana News

Meet the top 50 dealmakers in European M&A

Financial News Meet the top 50 dealmakers in European M&A A duo from Credit Suisse lead the ranking after a busy end to 2020, with senior bankers predicting a continued deal frenzy this year A flurry of activity at the end of 2020 helped to shake up a ranking of top mergers and acquisitions bankers in Europe Getty Images By Friday February 5, 2021 12:01 am A flurry of activity at the end of 2020 helped to shake up a ranking of top mergers and acquisitions, with senior dealmakers expecting more transactions to come as businesses adjust to the fallout from the pandemic. A ...

Credit Suisse Books $850 Million Charge Over U.S. Mortgage-Backed Securities - Vimarsana News

Credit Suisse Books $850 Million Charge Over U.S. Mortgage-Backed Securities

An $850 million legal charge will push Credit Suisse into a net loss, denting what had been a strong performance by the Swiss banking giant during the pandemic.

Source: wsj.com