Investment Banking

Credit Suisse loses more senior bankers as Archegos hit takes toll

Talent drain fears intensify as future of capital-market and Spac leaders still in doubt

Credit Suisse is continuing to lose senior bankers to competitors in the wake of missteps including a $5.5bn loss tied to the meltdown of Archegos Capital Management.

Several investment bankers in the US gave their notice in the past week, while others are considering leaving, people familiar with the matter said.

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