Credit Suisse in the last few years:
• Lost $5.5B on Archegos blowup (after making a paltry $17.5m in fees)
• Lost $1.7B on sketchy Greensill Capital supply chain funds
• Lost >$100m on Citrix debt deal
Credit Suisse Chair on why bank failed:
• “It’s Twitter fault” lol
https://nitter.moomoo.me/TrungTPhan/status/1638211680915320833#m