Can Credit Suisse Avoid Becoming The ‘Deutsche Bank’ Of Switzerland?
TYLER DURDEN, 08 April 2021
Markets were shaken but unstirred by the collapse of Greensill and the Archegos unwind trades. Credit Suisse is the ultimate loser of the two scandals – reputationally damaged and holed below the water line. The bank is paying the price of years of flawed management, poor risk awareness. and its self-belief it was still a Tier 1 global player. Its’ challenge is to avoid becoming the Deutsche Bank of Switzerland – which it will struggle to do without a radical and unlikely shakeout. Continue reading “Article: Can Credit Suisse Avoid Becoming The ‘Deutsche Bank’ Of Switzerland?”
U. S. Senator Mark R. Warner (D-VA) is a minority member of the US Senate Committee on Banking. Warner was elected to the U.S. Senate in November 2008 and reelected to a second term in November 2014. From 2002 to 2006, he served as Governor of Virginia. He also Vice-Chairman of the Select Committee on Intelligence. Warner is a heavy investor in in the cellular technology and co-founded the company that became Nextel.