Credit Suisse boss sees Spac boom raging on amid $100bn blank-cheque frenzy

Credit Suisse chief executive, Thomas Gottstein, says the boom in so-called blank-cheque companies that have raised over $100bn in the past year will continue as the deal frenzy spreads beyond the US. The Swiss bank tops the investment banking league tables for special purpose acquisition vehicles (Spacs), which exploded in popularity during the pandemic. Gottstein’s… Continue reading Credit Suisse boss sees Spac boom raging on amid $100bn blank-cheque frenzy