Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today:
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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.
Credit Suisse’s head of equities trading is stepping down as the bank braces for a huge hit from the Archegos collapse
Paul Galietto, head of equities sales and trading at Credit Suisse, is stepping down. Get all the details.
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.
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.