Credit Suisse didn't see the Archegos danger coming. The result was a $5.5 billion loss for the Swiss bank.
Great summary of Greensill-Katerra three card monte game from @petition SoftBank was on both sides of the trade, natch... ...and this was orchestrated by a bunch of ex $DB credit derivative guys. Shocking, right? Should be litigation exhibit 1 for $CS SCF fund investors
India's Q1 merchandise exports may grow to USD 87.2 billion: Exim Bank
A group of wandering elephants in China left a wildlife reserve more than a year ago and have traveled nearly 300 miles north since.
Bank of Maharashtra plans to raise up to Rs 2,000 cr through QIP
A herd of elephants in China was spotted taking a nap after walking 300 miles off their reserve. Police blocked roads to stop them reaching cities. Experts say the elephants may have been displaced by humans destroying their forest habitat and "got lost." 📷: China Daily
This may be why @realDonaldTrump has potential legal problems. If you claim massive losses to avoid paying federal income taxes but inflate your revenues and assets on bank documents for loan purposes, wouldn’t that constitute fraud?