Credit Suisse settles spying claims with former executiveThe espionage debacle is the latest in a slew of controversies that has clouded the future of the Swiss bank.
09 Aug, 2021, 01.21 PM IST
Nomura posts biggest quarterly loss in over a decade on $2.3 bln Archegos hitBefore Archegos failed to meet margin calls on heavily leveraged stock bets last month, Nomura had been on track for record annual profit, ...
27 Apr, 2021, 02.44 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
Credit Suisse sued over risk exposure to Greensill Capital, ArchegosThe pension fund, City of St. Clair Shores Police & Fire Retirement System, based in St. Clair Shores, Michigan, filed the class action law...
17 Apr, 2021, 01.25 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
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 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
Mizuho may face $90 mn loss from Archegos: NikkeiThe Financial Times earlier reported that Mizuho had conducted an investigation into its possible losses related to the U.S.-based fund, an...
01 Apr, 2021, 08.46 PM 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
After Archegos Capital debacle, offshore India derivative bets face heat from global investment banks“Lots of hedge funds with exposure to Asia are getting demands for more margins from their brokers. This has certainly caught the hedge fun...
31 Mar, 2021, 09.42 AM 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
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