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Risk Management Lapses Continue to Impact Credit Suisse

Risk Management Lapses Continue to Impact Credit Suisse

by Starling Insights

Starling Insights Editorial Board

Observations

The cost of earlier misdeeds is likely to keep impacting Credit Suisse's risk management efforts. Even before suffering twin disasters from the implosion of family office Archegos Capital Management and Greensill Capital’s bankruptcy, the bank was among the world’s most heavily fined. Since 2014, it has paid out more than $10 billion in legal penalties and settlements.

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