The German DAX rose 0.7%  to add to its recent record-setting rally

Europe’s benchmark equity index closed at a record high on Tuesday, recovering all of its pandemic-driven losses as investors bet on a speedy global e(...)

Photograph: iStock

Europe’s benchmark equity index hit a record high on Tuesday, recovering all of its pandemic-driven losses as investors bet on a speedy global economi(...)

Credit Suisse’s share price has fallen by a quarter in the past month as investors assess the hit to the bank’s bottom line and credibility. Photograph: Chris J Ratcliffe/Getty Images

Credit Suisse on Tuesday announced an estimated loss of 4.4 billion Swiss francs (€3.97bn) from its relationship with Archegos Capital Management, sus(...)

Wall Street is still trying to figure out the extent of Archegos’s positions, with estimates ranging from $20 billion to north of $100 billion. Photograph: Brendan McDermid/Reuters

Stocktake has warned of the dangers of a concentrated stock portfolio a few times in recent weeks. Alas, it seems multibillionaire Bill Hwang of Arche(...)

Analysts have estimated that the hit to Credit Suisse from the Archegos debacle may top $3 billion. Photograph: Getty

Credit Suisse’s prime brokerage unit in Dublin was not involved in the group’s trades with US hedge fund Archegos Capital Management, which collapsed (...)

 A number of banks, including Credit Suisse and Nomura, have warned of significant losses to their Q1 results due to the collapse of a large US hedge fund. Photograph:  Chris J Ratcliffe/Getty Images

The Central Bank of Ireland is closely monitoring Credit Suisse’s multibillion dollar exposure to the collapse of a US hedge fund, Archegos Capital Ma(...)

Ryanair advanced 4.21%  to close at €16.725 after trading at a high of €16.81 earlier in the day. File photograph: Crispin Rodwell/The Irish Times

Prospects of a vaccine-driven economic boost and a big US spend on infrastructure sent European shares to record highs on Tuesday, aiding banks in par(...)

Nomura Holdings, headquartered in Tokyo, has warned of a ‘significant’ potential loss related to the unwinding of Archegos. Photograph:  Kiyoshi Ota/Bloomberg

Securities regulators in the US and Europe are examining discussions between six banks linked to Archegos Capital Management to determine whether any (...)