Bill Hwang’s Lawyers Suggest No Prison Time in Archegos Case
Bill Hwang should get no prison time for his role in the 2021 collapse of Archegos Capital Management, his lawyers said in a ...
Nomura Lost $2.9 Billion in the Archegos Collapse. A Suit Alleges There Were Warning Signs.
When Archegos Capital Management collapsed in early 2021, Nomura Holdings lost $2.9 billion in trades it had put on for the ...
Hosted on MSN1mon
The Archegos disaster isn't over yet for banks as the feds reportedly revive criminal antitrust probe
Federal prosecutors are reexamining Wall Street banks that lost billions in the 2021 Archegos collapse, anonymous sources told Bloomberg. According to the people familiar with the matter ...
Bloomberg L.P.26d
Bill Hwang’s Sentencing in Archegos Case Postponed to November
Archegos Capital Management founder Bill Hwang’s sentencing on fraud charges was postponed from the end of the month to Nov. 20. Hwang and former Archegos Chief Financial Officer Patrick ...
BBC4mon
Archegos founder Bill Hwang convicted of fraud
It comes three years after the failure of his investment fund Archegos Capital Management, which caused billions of dollars in losses for several major banks. Prosecutors accused Hwang of lying to ...
朝日新聞社25d
UBS, Nomura push global banks’ Archegos losses over $10 billion
ZURICH--UBS reported an unexpected $774 million loss on Tuesday from the collapse of U.S. investment fund Archegos, taking the total hit to global banks from the stricken family office beyond $10 ...
Nomura woes deepen with trading scandal, arrest for attempted murder
The scandals reinforce Nomura's image as a firm prone to missteps, including data leaks and a multi-billion dollar loss from ...
The TRADE23d
The prime brokerage pie is growing, which means bigger slices for everyone
The arrival on the radars of various regulators stems from the fallout of the collapse of Archegos Capital in 2021, where its various prime brokers – of which there were many – were not fully aware of ...
Business Times25d
Bill Hwang’s sentencing in Archegos case postponed to November
ARCHEGOS Capital Management founder Bill Hwang’s sentencing on fraud charges was postponed from the end of the month to Nov 20. Hwang and former Archegos chief financial officer Patrick Halligan were ...