You Searched For "archegos capital management" and got 19 results
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2 mins read
Warren Buffett warned 18 years ago about the financial instruments that triggered the Archegos implosion
Almost two decades ago, Buffett called the derivatives later used by Archegos "financial weapons of…
Emily Graffeo
2 mins read
Tiger Management billionaire Julian Robertson says he's a 'great fan' of faith-driven investor Bill Hwang and would invest with him again
"I'm a great fan of Bill, and it could probably happen to anyone. But I'm sorry it happened to Bill…
Shalini Nagarajan
2 mins read
Goldman Sachs says its losses are 'immaterial' even as rivals warn of billion-dollar losses following Archegos liquidation
Goldman was among the first to reduce its exposure, therefore it has exited most of its positions i…
Isabelle Lee
2 mins read
Credit Suisse is trying to raise more than $1 billion after a string of scandals and executive departures
The embattled bank is looking for ways to help it move past last year's Archegos scandal, when a he…
Sean Czarnecki
2 mins read
Archegos chief Bill Hwang has been arrested a part of an alleged securities-fraud scheme that helped his doomed fund boost leverage to $160 billion
According to charging documents, Hwang was able to increase the leverage of Archegos to $160 billio…
Matthew Fox
3 mins read
US stocks fall after a $30 billion wave of selling tied to hedge-fund Archegos rattles traders
The sell-off appears to have been caused by Archegos Capital, run by South Korean billionaire Bill …
Shalini Nagarajan
2 mins read
Bill Ackman compares Carl Icahn's embattled company to collapsed fund Archegos
Ackman said the way that Icahn runs his business has been "outed" by Hindenburg Research, and compa…
Zinya Salfiti
2 mins read
Employees at Bill Hwang's Archegos face losing about $500 million in bonuses after the fund's implosion, report says
Archegos had set up a payment plan under which a large chunk of annual bonuses were deferred, with …
Shalini Nagarajan
2 mins read
Credit Suisse is reportedly weighing the replacement of high-profile executives, including its risk chief, following Greensill and Archegos crises
The recent Greensill and Archegos crises have left Credit Suisse under greater scrutiny, putting tw…
Theo Golden
1 min read
Archegos may wind down as banks seek to recoup billions in losses, report says
Some banks are drafting "letters of demand" to the firm requesting repayment before filing legal cl…
Isabelle Lee
2 mins read
UBS takes a $744 million hit from Archegos in the first quarter, as the fund's implosion continues to hurt banks
"We are all clearly disappointed and are taking this very seriously," the chief executive of UBS sa…
Harry Robertson
1 min read
Morgan Stanley reports $911 million loss related to Archegos implosion
While Morgan Stanley took a big hit from Archegos, its loss pales in comparison to Nomura and Credi…
Matthew Fox
3 mins read
The Archegos meltdown will result in a $10 billion loss for global banks, JPMorgan says
Credit Suisse and Nomura Holdings are the most affected but the Archegos fiasco affects the industr…
Isabelle Lee
2 mins read
Another Archegos-like hedge fund implosion is highly likely and could come out of nowhere, Guggenheim's Scott Minerd says
Major losses triggered by Archegos "tend to continue to cascade until the market corrects and flush…
Shalini Nagarajan
2 mins read
The Archegos fiasco has reportedly made life harder for hedge funds investing in SPACs
An analysis of Refinitiv data found that 80% of SPACs that are still in search of a deal are now tr…
Matthew Fox
2 mins read
Bill Hwang lost around $20 billion in 2 days when his Archegos fund imploded, report says
Hwang's savvy investments saw him grow $200 million into $20 billion in a matter of years, a report…
Harry Robertson
3 mins read
Bill Hwang lost $8 billion in 10 days during the Archegos meltdown, reports say
Traders said the loss, which is counted among the largest at any firm since the financial crisis, w…
Isabelle Lee
1 min read
SEC opens investigation into Archegos Capital trades that sparked $20 billion liquidation, report says
The investigation is routine following such a high profile market event, and the probe may not lead…
Matthew Fox
2 mins read
Fundstrat's Tom Lee calls Bill Hwang a top 10 investment mind and says investors should be cheering successes not jeering failures
Tom Lee took to Twitter on Tuesday to defend Bill Hwang after his blew up and was forced to liquida…