Wednesday, April 21, 2021
No menu items!
HomeBankersAngry Credit Suisse bankers - Top 100 early-stage investors - Future of...

Angry Credit Suisse bankers – Top 100 early-stage investors – Future of proptech

FILE PHOTO:  Morning commuters walk on Wall Street in New York's financial district October 30, 2014. REUTERS/Brendan McDermid
Morning commuters walk on Wall Street in New York’s financial district

Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today:

If you’re not yet a subscriber, you can sign up here to get your daily dose of the stories dominating banking, business, and big deals.

Like the newsletter? Hate the newsletter? Feel free to drop me a line at or on Twitter @DanDeFrancesco.

Credit Suisse’s top bankers are demanding answers from their CEO after the Swiss bank screwed up yet again

After $8 billion in assets were vaporized at Archegos Capital Management, Credit Suisse’s managing directors are pressing leadership on the firm’s involvement. The Archegos disaster is just the latest in a string of blunders, leaving directors to wonder how executives could let this happen.

Read our exclusive report on Credit Suisse’s appetite for risk.

Credit Suisse’s head of equities trading is stepping down as the bank braces for a huge hit from the Archegos collapse

credit suisse
The logo of Swiss banking giant Credit Suisse is seen on October 17, 2017 in Zurich.

Paul Galietto, head of equities sales and trading at Credit Suisse, is stepping down. Get all the details.

JOIN US APRIL 14: What’s next for proptech in 2021?

Check out our upcoming panel on April 14 at 2 p.m. ET about the future of proptech featuring experts from Wells Fargo Strategic Capital, Bain Capital Ventures, and Doma. Sign up here.

The Seed 100: The best early-stage investors

Here’s our list of the top 100 early-stage investors, according to data analysis from Tribe Capital. Check out the full list here.

Also check out list of the 25 best women seed venture capitalists.

Odd lots:

Citigroup seeks longer Revlon fund freeze during appeal over botched payment (Reuters)

Hedge funds weigh prime broking relationships after Archegos fire sale (FT)

Coinbase Independent Directors Have Close Company Ties (WSJ)

Icahn Taps Ex-GE M&A Chief Kekedjian to Lead Firm (Bloomberg)

M&A activity has spiked 94%-and this investment bank CEO sees ‘a big back half’ of 2021 (Fortune)

Auto Loans Get Their SoFi Moment (Bloomberg)

Credit Suisse’s Chin to Depart Following Archegos Fiasco (Bloomberg)

Credit Suisse is reportedly weighing the replacement of high-profile executives, including its risk chief, following Greensill and Archegos crises (Insider)

Source link

Founder and CEO of the premier banking news informational website for the banking/financial industry, and applicants seeking careers exclusively in the finance field.


Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Recent Comments

    Skip to toolbar