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01.12 - 14:21
Credit Suisse kicks off ‘very aggressive’ hiring spree after Archegos exodus
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Credit Suisse has hired or promoted 45 senior dealmakers in key markets this year, as the Swiss bank has raced to replenish its investment bank after a spate of departures in the wake of the Archegos crisis.
The Swiss bank has struggled to stem an exodus of senior bankers since it was hit with a $5.5bn loss from the collapse of family office Archegos Capital in March alongside its exposure to defunct supply chain finance firm Greensill Capital.
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