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The FT - Credit Suisse hit with $388m fines for failures in Archegos crash

Summary of the front page

The Financial Times leads on Credit Suisse being hit with $388 million fines for “significant failures” related to the collapse of Archegos Capital, which caused a $5.5 billion trading loss and helped bring about the demise of the Swiss lender.

Elsewhere on the front page, Adidas is enjoying successful sales of Yeezy shoes after cutting ties with US rapper Kanye West.

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