Business
Credit Suisse’s new hire has work cut out – The Australian Financial Review
Credit Suisse isn’t quite the company Dragi Ristevski signed up for in February.
Who knew so much could happen in two short months.
Credit Suisse Australias new marquee investment banking signing, Dragi Ristevski, was this week finally getting his feet under the desk. But Credit Suisse isnt quite the company he signed up for only in February.
This month it booked at least $US4.7 billion ($6.2 billion) in unacceptable losses from the collapse of its client Archegos Capital. Then theres Credit Suisses Greensill-linked funds which have been frozen since March, trapping some $US10…
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