Tag: Archegos
Proceedings against ex-CS bankers – UBS pays fines for Archegos case at CS – News
In the Archegos case, UBS has reached an agreement with the authorities for the acquired Credit Suisse. The big bank pays fines totaling 388 million US dollars. With this, Finma…
The founder of Archegos, indicted for fraud, out on bail – 04/28/2022 at 18:30
by Jody Godoy April 28 (Reuters) – U.S. businessman Bill Hwang, founder of Archegos Capital Management, was released on bail after pleading not guilty on Wednesday to charges of fraud…
Archegos founder Bill Hwang is arrested
The federal prosecutor’s office accuses the men, among other things, of conspiracy to commit organized crime and securities fraud after their speculation at various banks led to billions in losses.…
UBS: Executive bonuses reduced in 2021 due to Archegos losses
ZURICH (Reuters) – UBS executives were paid less in 2021 as their bonuses were slashed due to the Swiss bank’s $774 million loss following the collapse of U.S. fund Archegos…
UBS-Executive bonuses slashed in 2021 due to Archegos losses
ZURICH, March 7 (Reuters) – UBS executives have been paid less in 2021 as their bonuses were cut due to the Swiss bank’s $774 million loss following the fund’s collapse…
Archegos Capital causes tremors: US hedge fund failure hits bank balance sheets
Monday 29 March 2021 Archegos Capital causes tremors US hedge fund failure hits bank balance sheets Nomura, Credit Suisse and Deutsche Bank are giving up on the stock market. The…
Dow still closes in the plus: Archegos Capital causes uncertainty
Monday 29 March 2021 Dow still closes in the black Archegos Capital causes uncertainty After a bumpy day of speculation about a default at the US hedge fund Archegos Capital,…