Archegos fallout shows big banks need to be resilient, Swiss central bank says"This incident demonstrates that banks are exposed to significant risks that are not necessarily related to macroeconomic or system-wide fi...
17 Jun, 2021, 10.19 PM IST
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
US Senate Banking chair presses Wall Street banks on Archegos tiesSenator Sherrod Brown asked the bank's chiefs to detail how their institutions came to do business with Archegos, a family office run by ex...
08 Apr, 2021, 10.18 PM IST
Seduced by Archegos' growth, Nomura took a chance on Hwang comebackThe story of how Hwang worked his way back in to Nomura's good graces with the promise of a lucrative trading relationship, details of whic...
03 Apr, 2021, 03.01 PM 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
Asian shares rise as Joe Biden spending plan boosts US outlookOn the heels of a $1.9 trillion pandemic relief package, President Joe Biden on Wednesday outlined a broad plan to re-make the world's bigg...
01 Apr, 2021, 08.20 AM IST
Hedge fund fallout wipes over $9 bn from market value of Credit Suisse, NomuraThe bank's market capitalisation has shrunk by five billion Swiss francs since Friday to 25.57 billion Swiss francs ($27.12 billion). Sourc...
31 Mar, 2021, 10.27 PM IST
Japan stocks end lower as Archegos woes rattle financialsThe Nikkei 225 Index ended 0.86 per cent lower at 29,178.80, while the broader Topix dropped 1.21 per cent to 1,954.
31 Mar, 2021, 12.02 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
Gold prices at over 2-week low as U.S. yields, dollar strengthenBullion, often sought as a safe store of value in times of economic turmoil, is sensitive to rising yields as they raise the opportunity co...
30 Mar, 2021, 11.32 AM IST
Asia shares mixed as broader worries about US hedge fund default easeGLOBAL-Asia shares mixed as broader worries about U.S. hedge fund default ease
30 Mar, 2021, 08.52 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
Billions in secret derivatives at centre of Archegos blowupThe idea that one firm can quietly amass outsized positions through the use of derivatives could set off another wave of criticism directed...
30 Mar, 2021, 07.14 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