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Geithner Panel Warns of More Treasuries Meltdowns Without Reform

A panel of former top global economic policy makers on Wednesday warned that major trading disruptions in U.S. Treasuries are likely to increase unless reforms are made, adding to pressure on American regulators to fix structural issues that contributed to last year’s market meltdown.

Credit Suisse’s Archegos Inquiry Rips Bank’s Due Diligence (2)

Credit Suisse Group AG failed to properly monitor tens of billions of dollars of exposure that piled up while handling trades for Archegos Capital Management that generated relatively little revenue, according to people briefed on the findings of the bank’s internal inquiry.

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