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
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
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
S&P 500 ends a hair lower; hedge fund default concerns hit banksIndexes ended off their lowest levels of the day. Optimism about speedy vaccinations and record stimulus, which drove the Dow and the S&P 5...
30 Mar, 2021, 06.19 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
Traders ‘glued to their screens’, set for volatile open on Wall StreetWhile some of the stocks targeted in the block trades initiated by Goldman Sachs Group Inc. and Morgan Stanley rebounded at the end of Frid...
29 Mar, 2021, 09.23 AM 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
‘Unprecedented’: Wall Street ponders Goldman’s block-trade spreeSeveral major investment banks with ties to hedge fund Archegos Capital Management LLC liquidated holdings, contributing to the slump in sh...
28 Mar, 2021, 09.32 AM IST
Goldman sells $10.5 billion of stocks in block-trade spreeThe selling spree erased $35 billion from the values of bellwether stocks ranging from Chinese technology giants to U.S. media conglomerate...
28 Mar, 2021, 09.13 AM IST
Investors swap China holdings from Wall Street to Hong Kong as delisting threat brewsThe threat is now real. The Holding Foreign Companies Accountable Act has been passed by both Chambers of the U.S. Congress and should soon...
11 Dec, 2020, 01.58 PM IST
White House weighs limits on US portfolio flows into ChinaTrump officials are examining how the US could put limits on Chinese companies.
28 Sep, 2019, 09.30 AM IST
Alibaba shows signs of strain as China's economy shuddersThe company founded by billionaire Jack Ma has been pivotal over the past decade in helping create a $1 trillion-plus Chinese online shoppi...
29 Jan, 2019, 02.32 PM IST
What the Jabong sale to Flipkart means for the 800-odd smaller online fashion retailersThe Indian apparel and fashion market is worth around $150 billion and online retailers have merely scratched the surface.
06 Aug, 2016, 04.17 PM IST
These are the stocks the biggest names in the hedge fund industry have been buying and sellingA number of funds also took positions in pharmaceuticals stock Perrigo, including Kyle Bass of Hayman Capital.
17 Aug, 2015, 01.01 PM IST
Shopping wars: Indian online retail is a big money gameThe Reliance group can also tout prior experience; it was an early investor in India’s first ever online retailer, Fabmart.com.
01 Aug, 2014, 06.12 AM IST