Sunday, 01 August 2021 01:47 GMT

Credit Suisse carnage brings financial risk for banks into focus


(MENAFN - Swissinfo)
Credit Suisse chairman, António Horta-Osório, is warning of a "tough period" ahead for the bank. Keystone / Andy Rain

Credit Suisse's disastrous Greensill and Archegos investments have highlighted the destructive side of banking. Regulators and politicians are asking what the Swiss bank did wrong and what can be done to protect investors from future risk-assessment failures.

This content was published on June 18, 2021 - 09:00

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