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
Archegos Capital Management blowup prompted review at Morgan Stanley“We're comfortable with what we're finding," Gorman said at a conference hosted by his bank.
14 Jun, 2021, 10.46 PM IST
Federal Reserve says stock market boom, 'ebullient' investors warrant cautionCommercial real estate remains potentially vulnerable, the Fed said, particularly after a pandemic that may dim demand for office space, an...
07 May, 2021, 07.29 AM 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
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 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
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
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
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
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
One of world’s greatest hidden fortunes is wiped out in daysHwang’s most recent ascent can be pieced together from stocks dumped by banks in recent days -- ViacomCBS Inc., Discovery Inc. GSX Techedu ...
30 Mar, 2021, 08.32 AM 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
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