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Credit Suisse reports a loss as regulators open an investigation.
By Jack Ewing Credit Suisse said on Thursday that it suffered a loss in the first quarter stemming from loans it made to the collapsed investment fund Archegos Capital Management, a debacle that has prompted Switzerland’s financial regulator to investigate whether the bank was doing a poor job monitoring the riskiness of its investments. The […]
Royal Family ‘anxious’ over what ‘impetuous’ Harry might say in memoir – expert
Potential new revelations in Prince Harry's upcoming memoir will have the Royal Family feeling "anxious", Princess Diana's biographer has claimed. Stewart Pearce told Us Weekly the late People's Princess would be hugely proud of her youngest son for his instinct-driven approach to life as a Windsor. He said: "Harry is so much like his mother […]
Facebook sues Bangkok resident for selling fraudulent ad tools
(Reuters) – Facebook Inc <FB.O> sued a Bangkok-based Indian man on Thursday for developing and marketing a software to bypass the social network’s advertising review process and deliver prohibited ads to users. Basant Gajjar used “cloaking”, a technique that hides the true content of ads and presents something different on the surface for users on […]