🔒 Europe’s energy crunch will trigger years of shortages and blackouts
Cut off from Russian gas, European countries have turned to the spot market, where energy that isn’t committed to buyers is made available for short-notice delivery.
Cut off from Russian gas, European countries have turned to the spot market, where energy that isn’t committed to buyers is made available for short-notice delivery.
Credit Suisse is aiming for a 6% return on tangible equity in 2025, a target that analysts at Citigroup Inc. said “appears to lack ambition.”
Chang was implicated in a $2bn scandal and has been held in a prison since his arrest while SA considered extradition requests from Mozambique and the US.
Banking expert Kokkie Kooyman and 10X founder Steven Nathan shared their differences on invesment banking on the BizNews Power Hour.
Credit Suisse yesterday disclosed a $4.7bn loss in the Archegos debacle, where it lent a high roller money to punt on tech stocks’
Credit Suisse has confirmed that it will lose around $4.7bn from the collapse of Archegos Capital Management, a US-based family office.
36ONE co-founder and star hedge fund manager Cy Jacobs unpacks the collapse of US-based family office Archegos Capital Management.
Credit Suisse and Japan’s largest investment bank, Nomura have issued statements signalling significant losses attributed to a US client.
Greensill collapsed into insolvency earlier this month after regulators took over its German bank and Credit Suisse froze its investment funds.
Alec Hogg shares his rational perspective on Barak Fund Management, ‘investors, many from SA, have injected over R15bn into Barak’.