March 30, 2021
“Investment banks Credit Suisse and Nomura said they would incur significant losses after the U.S.-based hedge fund was forced into a fire sale of assets and defaulted on its margin calls. “The estimated amount of the claim against the client… Continue Reading…
March 29, 2021
“The forced liquidation of more than $20 billion in holdings linked to Bill Hwang’s investment firm is drawing attention to the covert financial instruments he used to build large stakes in companies. Much of the leverage used by Hwang’s Archegos… Continue Reading…
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