Home » Credit Suisse, after the annus horribilis new m & a entries

Credit Suisse, after the annus horribilis new m & a entries

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Financial year 2021 in red for Credit Suisse, which is now trying to get out of the negative wave step by step, fueled in particular by the Greensill and Archegos events. In the year just ended, the loss for the Swiss bank was 1.57 billion francs (1.49 billion euros at the current exchange rate), a sum that contrasts with the net profit of 2.66 billion francs in 2020. In the fourth quarter of 2021 alone, red was 2 billion francs, against a loss of 353 million francs …

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