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Mark Wilson/Getty Images; Samantha Lee/Insider This story is available exclusively to Insider subscribers. Become an Insider and start reading now. After Archegos, family offices are girding themselves for the possibility of tougher regulation.  Some family offices are coordinating with one another on how they can avoid new scrutiny.  The new administration's regulators were already expected to reassess family-office guidelines.  Family-office insiders learned of Archegos' existence only when its implosion made international headl...

Matteo Colombo/Getty Images This is 5x the normal loss level for a collateralized daily mark-to-market business, JPMorgan added. It however cited three lessons the industry could take away from the implosion that has roiled the markets.  Global banks are expected to lose up to $10 billion following the Archegos Capital Management meltdown, JPMorgan said Monday — raising its estimate from an initial $2 billion-$5 billion — with Credit Suisse Group and Nomura Holding hardest hit. "One line of argument which could explain why the scale of losses suffered by [Cr...

By Aaron Nicodemus2021-04-12T12:45:00+01:00 There are plenty of unanswered questions following the recent meltdown of family office Archegos Capital Management—and plenty of compliance lessons to be learned. Archegos is a hedge fund operated by billionaire Bill Hwang that reportedly lost $8 billion in less than two weeks in March. The firm had taken highly leveraged positions in several blue-chip stocks, including ViacomCBS. When ViacomCBS lost nearly half its value, Archegos’s risky bets backfired. The massive stock sell-off that followed caused billions in losses for some of Archegos’...

Bill Hwang lost $8 billion in 10 days during the Archegos meltdown, reports say Isabelle LeeApr 6, 2021, 00:53 IST Fuller Studio/YouTube Bill Hwang lost $8 billion dollars in 10 days during the Archegos meltdown, The Wall Street Journal reported. Traders and investors said this is one of the fastest losses they have ever seen. The fiasco exposed the fragility of the financial system and shed light on more obscure practices such as the use of total return swaps. Amid the largest meltdown of a firm Wall Street has witnessed since the global financial crisis, it wasn't just banks that lost billi...

Five Questions About Archegos And Its Pricey Meltdown By Ali BEKHTAOUI 04/06/21 AT 4:16 PM The debacle surrounding Archegos Capital Management has caused chaos for major banks, including a $4.7 billion hit Credit Suisse announced on Tuesday. Here is a look at some of the key questions behind Wall Street's latest financial debacle: In ancient Greek, Archegos means "someone who leads the way," an ironic moniker given the implosion of this "family office" built on the fortune of founder Bill Hwang. Such firms, which manage the holdings of ultra-high-net-worth investors, are much more lightly...