Credit Suisse suffers losses

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Credit Suisse stock price started the week's trading with a 13.28% drop.

The drop was caused by the company announcing that it would suffer major losses due to a hedge fund defaulting. Namely, Archegos Capital defaulted on margin calls to Credit Suisse and other large banks.

Moreover, the recent drop extended the stocks most recent decline above 25.00%. The stock price has been declining since February 25.





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