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Credit Suisse Bank took two severe hits in March. One was due to the bankruptcy of Greensill Bank on March 8, 2021.
https://www.reuters.com/article/us-britain-greensill-idUSKBN2B01WB
The other was the bankruptcy of Archegos capital last week during Passover.
“JPMorgan Chase & Co analysts estimate that combined losses from the Archegos and Greensill scandals could add up to $7.5 billion.”