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May 29, 2024
(Bloomberg) -- Newly promoted to equities Delta One head at Credit Suisse Group AG in February 2021, Josh Lukeman said he only became familiar with Archegos Capital Management that month.Most Read from BloombergWall Street Returns to T+1 Stock Trading After a CenturyTreasuries Hit as US Sales Struggle to Lure Buyers: Markets WrapFor Private Credit’s Top Talent, $1 Million a Year Is Not EnoughIsraeli Airstrike and Egyptian Guard’s Death Ratchet Up TensionsMortgages Stuck Around 7% F...
May 21, 2024
The former director of risk management at the fallen private capital fund Archegos told a Manhattan federal jury Monday that he lied to banks about the fund's portfolio to induce them to extend lines of credit at the direction of his former boss, Archegos Chief Financial Officer Patrick Halligan.
May 16, 2024
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
May 16, 2024
(Bloomberg) -- Two former Archegos Capital Management employees, one a senior executive and the other a junior staffer, described their different experiences of the family office’s March 2021 collapse at the trial of founder Bill Hwang.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyPutin and Xi Vow to Step Up Fight to Counter US ‘Containment’Jamie Dimon Sees ‘Lot of Inflationary Forces in Front of Us’Dow Average Is Trading N...
April 26, 2024
Owen Murphy continues his tour of dominance through the South Atlantic League
April 4, 2024
By Jonathan Stempel NEW YORK (Reuters) - A New York state appeals court said former ViacomCBS investors may sue Goldman Sachs, Morgan Stanley and other ...
March 28, 2024
A U.S. judge on Thursday dismissed seven lawsuits by investors who accused Goldman Sachs Group Inc and Morgan Stanley of misconduct that fueled the rapid March 2021 collapse of Bill Hwangs $36...
March 28, 2024
By Jonathan Stempel NEW YORK (Reuters) - A U.S. judge on Thursday dismissed seven lawsuits by investors who accused Goldman Sachs Group Inc and Morgan Stanley of misconduct that fueled the rapid March 2021 collapse of Bill Hwang's $36 billion firm ...
January 8, 2024
The founder of Archegos Capital Management, the once-$36 billion private investment firm that collapsed spectacularly in 2021, on Monday sought to block prosecutors from introducing huge quantities of...
December 29, 2023
Key rulings are likely in the coming year in the cases against Binance and Coinbase, and big financial crime cases brought by a top Wall Street prosecutor are scheduled to go to trial