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Credit Suisse Names New Europe Equities Head After Archegos This content was published on May 7, 2021 - 11:53 May 7, 2021 - 11:53 (Bloomberg) -- Credit Suisse Group AG named Neil Hosie head of equities for Europe, Middle East and Africa, replacing Ryan Nelson who stepped down after the bank lost $5.5 billion in the collapse of Archegos Capital Management. Hosie will remain as head of equities for Asia Pacific, according to people familiar with the decision who asked not to be identified since the matter is private. He will relocate to London in due course, the people said. The Swiss firm emer...

Credit Suisse halts star trader’s fund on risk concern Bloomberg Bloomberg Credit Suisse Group paused the launch of a credit fund run by star trader Hamza Lemssouguer as it dials back risk in the aftermath of the twin implosions of Archegos Capital Management and Greensill Capital, according to people familiar with the decision. The pause marks a shift for Credit Suisse, which last year lured Mr. Lemssouguer back from Ken Griffin's hedge fund Citadel and gave him a new role overseeing the launch of a credit strategy in the asset unit. The fund targeted as much as $500 million in assets, acc...

» Credit Suisse execs at the heart of the bank's Archegos loss will reportedly depart following $4.7 billion hit Credit Suisse execs at the heart of the bank's Archegos loss will reportedly depart following $4.7 billion hit Carla MozéeApr 20, 2021, 00:59 IST FILE PHOTO: Logo of Swiss bank Credit Suisse is seen in BaselReuters Two Archegos Capital Management, according to a Wall Street Journal report on Monday The executives were the co-heads of a unit that managed the relationship between the Swiss lender and now-failed hedge fund. Credit Suisse took a $4.7 billion quarterly charge tied...

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 Anerella was appointed interim head of prime services, while Doug Crofton was made head of Americas...