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Credit Suisse under regulatory scrutiny over Archegos

Credit Suisse has looked to unload roughly $4bn in stock tied to Archegos

Regulators in Switzerland and the US asked Credit Suisse for more information in recent days about additional stock sales related to the collapse of Archegos Capital Management, according to people familiar with the matter.

The sales could result in additional losses that go beyond the $4.7bn hit the bank disclosed earlier this month, one of the people added, and any additional losses are expected to be small in relation to the earlier amount.

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