When Archegos Capital Management collapsed in early 2021, Nomura Holdings lost $2.9 billion in trades it had put on for the ...
Ultra-wealthy families are set to be worth $9.5 trillion by 2030, according to a new Deloitte report. Family offices are ...
The looser restrictions on these firms, and the potential for their investment behavior to have outsize ripple effects, was ...
Bill Hwang, the founder of Archegos Capital Management, was convicted Wednesday of manipulating stock prices and defrauding ...
Following regulatory prodding, banks start to overhaul counterparty risk models. A flurry of new research on the topic may ...
AIG didn’t have the cash and couldn’t raise it. Even Goldman Sachs, which originally wouldn’t do business with Archegos because the founder pleaded guilty to insider trading in 2012 ...
ViacomCBS and other stocks linked to the unwinding of equity positions within Archegos rebound after a reported sale of additional blocks totaling more than $2 billion. ViacomCBS and Discovery ...
NEW YORK – The wealth of ultra-rich families will likely swell to US$9.5 trillion (S$12.4 trillion) by 2030, according to ...
US investment bank Morgan Stanley has admitted that the collapse of hedge fund Archegos cost it nearly $1bn. The Wall Street bank said in its first-quarter results that the $911m (£660m ...
Morgan Stanley has stepped up efforts to regain its traditional dominance in stock trading, a position it ceded to longtime rival Goldman Sachs in the wake of the 2021 implosion of Archegos Capital ...
The wealth of ultra-rich families will likely swell to $9.5 trillion by 2030, according to estimates from consultancy ...
The consultancy's bullish forecast, driven by an acceleration in family offices, predicts a 73 percent jump in UHNW wealth in the coming years.