Angry Credit Suisse bankers — Top 100 early-stage investors — Future of proptech
Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today:
- Inside how senior employees at Credit Suisse are unhappy with the Swiss bank’s leadership in the wake of the Archegos mess.
- Check out our upcoming webinar on everything you need to know about the future of proptech.
- Our list of the top 100 seed-stage investors.
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Credit Suisse’s top bankers are demanding answers from their CEO after the Swiss bank screwed up yet again
After $8 billion in assets were vaporized at Archegos Capital Management, Credit Suisse’s managing directors are pressing leadership on the firm’s involvement. The Archegos disaster is just the latest in a string of blunders, leaving directors to wonder how executives could let this happen.
Read our exclusive report on Credit Suisse’s appetite for risk.
Credit Suisse’s head of equities trading is stepping down as the bank braces for a huge hit from the Archegos collapse
Paul Galietto, head of equities sales and trading at Credit Suisse, is stepping down. Get all the details.
JOIN US APRIL 14: What’s next for proptech in 2021?
Check out our upcoming panel on April 14 at 2 p.m. ET about the future of proptech featuring experts from Wells Fargo Strategic Capital, Bain Capital Ventures, and Doma. Sign up here.
The Seed 100: The best early-stage investors
Here’s our list of the top 100 early-stage investors, according to data analysis from Tribe Capital. Check out the full list here.
Also check out list of the 25 best women seed venture capitalists.
Citigroup seeks longer Revlon fund freeze during appeal over botched payment (Reuters)
Hedge funds weigh prime broking relationships after Archegos fire sale (FT)
Coinbase Independent Directors Have Close Company Ties (WSJ)
Icahn Taps Ex-GE M&A Chief Kekedjian to Lead Firm (Bloomberg)
M&A activity has spiked 94%—and this investment bank CEO sees ‘a big back half’ of 2021 (Fortune)
Auto Loans Get Their SoFi Moment (Bloomberg)
Credit Suisse’s Chin to Depart Following Archegos Fiasco (Bloomberg)
Credit Suisse is reportedly weighing the replacement of high-profile executives, including its risk chief, following Greensill and Archegos crises (Insider)
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