The two executives are paying the price for a year in which Credit Suisse’s risk management protocols have come under harsh scrutiny, with two major relationships turning sour in quick succession, saddling the bank with what JPMorgan Chase Co analysts estimate could add up to $7.5 billion.Credit Suisse to reveal losses from Archegos; two execs to depart
The two executives are paying the price for a year in which Credit Suisse’s risk management protocols have come under harsh scrutiny, with two major relationships turning sour in quick succession, saddling the bank with what JPMorgan Chase Co analysts estimate could add up to $7.5 billion.
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