ilmscore | Prediction Details
"the bank had basically lent around 5 billion US Dollars and lost 5.5 billion US Dollars when archigo's Capital Management collapsed in early 2021 an independent report into Credit Suisse involvement with the risky hedge fund basically slammed the bank's conduct and found that its losses were the result of a fundamental failure of management and control"
By CA Rachana Phadke Ranade | March 18, 2023 | Pending
From video
Fall of Credit Suisse | Impact on India | CA Rachana Ranade 00:15:36 - 00:15:58
Interpreted Prediction
Credit Suisse lost $5.5 billion due to its involvement with the collapsed Archegos hedge fund, attributed to management failures.

Prediction Details

Topic
Credit Suisse's Arango Hedge Fund Losses

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