Archegos prepares for insolvency as banks seek compensation: ReportArchegos has hired restructuring advisers to assess the potential legal claims from banks and to plan for a possible winding down of its op...
05 May, 2021, 10.26 PM IST
Credit Suisse serves investors thin gruel as Wall Street feasts on dealsCredit Suisse has emerged as the bank hardest-hit from its exposure to Archegos, which collapsed when it couldn't meet margin calls.
19 Apr, 2021, 12.03 PM IST
Morgan Stanley reveals $911 million Archegos loss as profit jumpsMorgan Stanley lost $644 million by selling stocks it held related to Archegos' positions, and another $267 million trying to "derisk" them...
16 Apr, 2021, 08.31 PM IST
Morgan Stanley sold $5 billion in Archegos stock night before fire sale: ReportThe bank offered the shares at a discount, telling the hedge funds that they were part of a margin call that could prevent the collapse of ...
07 Apr, 2021, 07.44 AM IST
Credit Suisse takes $4.7 billion charge due to hedge fund"This includes a charge of CHF 4.4 billion in respect of the failure by a US-based hedge fund to meet its margin commitments as we announce...
06 Apr, 2021, 12.17 PM IST
Credit Suisse unloads $2.3 billion of stocks tied to Archegos CapitalThe unwinding of Bill Hwang’s Archegos portfolio has turned into one of the biggest fund flameouts since Long-Term Capital Management’s dem...
06 Apr, 2021, 07.13 AM IST
Credit Suisse shares rally while Archegos ripples spreadDefaults on margin calls by Archegos Capital, a family office run by former Tiger Asia manager Bill Hwang, caused a clutch of banks to rapi...
01 Apr, 2021, 10.13 PM IST
Billionaire John Malone gets $353 million boost after Archegos-fueled dropDiscovery Inc.’s class B shares soared in the aftermath of the stock selloff by Archegos Capital Management.
01 Apr, 2021, 07.47 AM IST
In Archegos fire sale, Credit Suisse, Nomura burned by slow exitThe blowup of the Archegos fund, a family office run by former Tiger Asia manager Bill Hwang, is still reverberating across the financial s...
31 Mar, 2021, 02.07 PM IST
Wells Fargo says no losses from Archegos downfallLosses at Archegos, a family office run by former Tiger Asia manager Bill Hwang, sparked fears among investors that banks would be forced t...
30 Mar, 2021, 11.38 PM IST
Credit Suisse in firing line after Archegos lossesLosses at Archegos, a family office run by former Tiger Asia manager Bill Hwang, sparked a sell-off in bank stocks on Monday as investors f...
30 Mar, 2021, 08.58 PM IST
Archegos-linked stocks advance as volatility comes downViacomCBS Inc. rose 2.1% as of 9:33 a.m. in New York following its weeklong plunge, with Discovery Inc. and Tencent Music Entertainment Gro...
30 Mar, 2021, 08.20 PM IST
Explained: What caused US hedge fund to blow up & how it can affect marketsInvestment banks such as Goldman Sachs and Morgan Stanley dumped over $20 billion worth equity positions on behalf of Bill Hwang’s fund in ...
30 Mar, 2021, 04.01 PM IST
View: Archegos greed got the better of Wall StreetBill Hwang’s investment firm, which ended up having to meet one of the largest margin calls on record, was a disaster waiting to happen.
30 Mar, 2021, 07.55 AM IST
US stocks slump as Nomura, Credit Suisse warn of big losses after Archegos share dumpLosses at Archegos Capital Management, run by former Tiger Asia manager Bill Hwang, had triggered a fire sale of stocks on Friday
30 Mar, 2021, 07.18 AM IST
Nomura, Credit Suisse warn on losses after Archegos share dumpNomura's loss was related to Archegos' trades, Bloomberg reported citing people familiar with the matter, one of whom said Archegos was a p...
29 Mar, 2021, 03.14 PM IST
Large block trades on Wall Street: Here's what exactly happenedInvestors and analysts cited blocks of Viacom and Discovery shares being put in the market on Friday for likely exacerbating the decline in...
29 Mar, 2021, 08.59 AM IST