Tag Archives: credit suisse

Republic of Mozambique v Credit Suisse – bribery claims proceed by way of arbitration

The decision of the Court of Appeal in Republic of Mozambique v Credit Suisse International and others [2021] EWCA Civ 329 reaffirms the arbitration-friendly approach taken by the English courts and the mandatory nature of stays of court proceedings under …

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Archegos fallout raises troubling questions over bank risk controls

Questions have been raised as to whether the loss was a result of risk and compliance not doing their job or whether their views were ignored by business heads. Those in charge of the business may have been more attracted …

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Lack of transparency connected with shadow banking increases risks of losses for banks

In some ways, the recent losses incurred by banks such as Credit Suisse through their exposures to Archegos Capital Management and Greensill Capital had very different causes. Whereas banks provided family office Archegos with prime brokerage finance to invest in …

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Credit Suisse overhauls management as it takes $4.7 billion hit on Archegos

“The removal of Credit Suisse’s top risk and compliance officer as a result of losses incurred by trades with Archegos Capital Management raises serious questions as to whether banks have sufficiently learnt lessons from the financial crisis and whether regulatory …

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