Credit Suisse overhauls executive board as it estimates Archegos fallout at $4.7 billion

Credit Suisse on Tuesday said it was replacing senior managers, halting its share buyback programme and slashing its 2020 dividend as it grapples with the estimated 4.4 billion Swiss franc ($4.69 billion) fallout from its relationship with Archegos Capital Management LP. Chief Risk Officer Lara Warner and investment banking head Brian Chin will both leave […]

Continue Reading

Stress does not lead to loss of self-control in eating disorders

A unique residential study has concluded that, contrary to perceived wisdom, people with eating disorders do not lose self-control—leading to binge-eating—in response to stress. The findings of the Cambridge-led research are published today in the Journal of Neuroscience. People who experience bulimia nervosa and a subset of those affected by anorexia nervosa share certain key […]

Continue Reading