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Wealth
Finance · 4:07 AM PDT
Credit Suisse's Archegos post mortem slams management; profit slumps
A "lackadaisical" attitude towards risk and "a lack of accountability" were to blame for Credit Suisse's (CSGN.S) $5.5 billion loss on investment fund Archegos, according to a review published on Thursday, as the bank reported a near-80% fall in second-quarter profit.
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Bond buying flows surge as funds reverse reflation bets - BofA
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Sustainable Business
M&G launches sustainable version of flagship $77 bln PruFund
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Analysis: SPAC u-turn mars Ackman's hedge fund pivot
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