Credit Suisse says it'll be updating the market over Archegos hedge fund damages

CS and Nomura recorded huge losses on position unwinds related to the blow up of the fund.

Some of the news items related to the melt-down:

• Nomura shares cratering - firm's losses related to prime brokerage unit

• Archegos Capital blowup was behind Friday's wild moves

GS update due later. Hard to imagine there will be much good news in it ...