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Reading: Credit Suisse’s Archegos Disaster Exposes Cracks in Bank Regulation
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The Wall Street Publication > Blog > Markets > Credit Suisse’s Archegos Disaster Exposes Cracks in Bank Regulation
Markets

Credit Suisse’s Archegos Disaster Exposes Cracks in Bank Regulation

Editorial Board Published September 21, 2021
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Credit Suisse’s Archegos Disaster Exposes Cracks in Bank Regulation
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When Archegos Capital Management blew up, it saddled Credit Suisse Group AG with $5.5 billion in losses. One reason investors and regulators were blindsided: a gap in the regulatory oversight of big international banks.

That is the conclusion of financial risk consultants who have sifted through the wreckage.

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