scorecard

You Searched For "archegos" and got 20 results


Sort By:


Business Insider Latest Story Image
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   


Business Insider Latest Story Image
2 mins read

SEC alleges Archegos' Bill Hwang used $160 billion in leverage to own as much as 70% of a single company. These are the 7 biggest stakes he controlled.

"The size of Archegos' exposures to its Top 10 Holdings allowed Archegos to assert a dominant marke…

Matthew Fox   


Business Insider Latest Story Image
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   


Business Insider Latest Story Image
1 min read

The SEC is investigating Bill Hwang's Archegos Capital for potential market manipulation, report says

The SEC is looking to see if Archegos bought multiple stakes of the same companies across different…

Matthew Fox   


Business Insider Latest Story Image
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   


Business Insider Latest Story Image
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   


Business Insider Latest Story Image
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   


Business Insider Latest Story Image
2 mins read

Emily Graffeo   


Business Insider Latest Story Image
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   


Business Insider Latest Story Image
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   


Business Insider Latest Story Image
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   


Business Insider Latest Story Image
1 min read

DOJ opens probe into Archegos meltdown that led to $10 billion in losses for banks

Federal prosecutors in Manhattan have sent information requests to several banks that dealt with Ar…

Matthew Fox   


Business Insider Latest Story Image
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   


Business Insider Latest Story Image
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   


Business Insider Latest Story Image
2 mins read

UBS chairman apologizes for Archegos loss and promises to enforce more transparency

Weber in an interview Wednesday blamed a lack of oversight of family offices, which don't have to d…

Isabelle Lee   


Business Insider Latest Story Image
1 min read

Credit Suisse execs at the heart of the bank's Archegos loss will reportedly depart following $4.7 billion hit

Two Credit Suisse executives will leave after the Swiss lender took a massive loss tied to the coll…

Carla Mozée   


Business Insider Latest Story Image
1 min read

Credit Suisse just put $2 billion of Archegos-linked stocks on the market after the hedge fund's meltdown, reports say

The lender isn't yet done unloading stocks linked to Archegos, even though it's already taken a $4.…

Shalini Nagarajan   


Business Insider Latest Story Image
1 min read

Nomura to tighten financing for hedge fund clients in the wake of Archegos blowup, new report says

Nomura is limiting margin financing exceptions for some of its hedge fund clients after taking a $2…

Will Daniel   


Business Insider Latest Story Image
2 mins read

Credit Suisse reins in hedge-fund limits following $4.7 billion loss tied to Archegos Capital, report says

Credit Suisse is tightening its financing terms given to hedge funds and family offices and changin…

Matthew Fox   


Business Insider Latest Story Image
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