What is Archegos and who is Bill Hwang? Archegos Capital Management (Archegos) is a US based private family office founded by Bill Hwang. A family office is a private asset …
Archegos
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Family offices have grown in the U.S., but that segment remains lightly regulated — and that could be a problem for the financial industry, warned a former counsel at the …
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American flags hang from the facade of the New York Stock Exchange (NYSE) building in New York January 28, 2021. Mike Segar | Reuters The diverging fortunes of major banks …
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A massive margin call affected a little-known family office last Friday, incurring billions of dollars in losses for certain banks involved and jolted the overall volatility in the broader market. …
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Shares of Nomura tanked 16% in Tokyo while those of Credit Suisse were down 13.8%. (Image: REUTERS) Wall Street could be staring at a major blunder as major brokers including …
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Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 31, 2018. Brendan McDermid | Reuters The woes that arose from Archegos Capital …
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(Bloomberg) — Nomura Holdings Inc. and Credit Suisse Group AG both plunged more than 15% after saying they may face “significant” losses, as some of the world’s biggest banks tally …