Link: https://www.rt.com/business/520207-credit-suisse-ousts-executives/
Credit Suisse was one of several lenders that acted as prime broker to the New York-based billionaire Bill Hwang’s Archegos Capital Management. The sudden liquidation of the hedge fund last month ignited a fire sale of more than $20 billion in assets that has left some of the world’s biggest investment banks bearing billions of dollars of losses