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Ruskin Felix Consulting

Ruskin Felix Consulting

What Led to Credit Suisse Default

Ruskin Felix Consulting LLC Banking Sector Risks Mitigated Risks

Losses on investments in failed supply chain finance group Greensill and hedge fund Archegos, whose founder Bill Hwang and three others have been charged with racketeering and fraud by US authorities following the fund’s collapse, drove the bank’s loss of 1.65 billion Swiss francs in 2020 to a loss of 2.7 billion in 2020.

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