Archegos
Fund manager Bill Hwang’s Archegos was a ‘house of cards’ prosecutor tells jury
Hwang, on trial for fraud and racketeering related to his firm’s meltdown, maintains his trading practices were lawful
4 min read
UBS faces millions in penalties over Credit Suisse’s $5.5bn Archegos debacle
Fines from the US and UK could range between $100m and $300m
2 min read
Archegos founder Bill Hwang asks for market manipulation charges to be dismissed
Lawyers say prosecutors have wrongly alleged legal trading to be criminal
3 min read
Archegos founder Hwang charged with securities fraud
Federal prosecutors allege Hwang’s fraud pumped the firm’s portfolio from $1.5bn to $35bn in one year
1 min read
How Credit Suisse’s Archegos debacle shows up faults with rules for banks
Archegos revealed ‘significant gaps in the oversight of internationally active financial conglomerates’
6 min read
Top Credit Suisse investor backs board after scathing Archegos report
Harris Associates' David Herro said Credit Suisse is rapidly addressing 'deficiencies' highlighted in a recent report into the Archegos collapse
2 min read
Damning Archegos report slams ‘lackadaisical’ attitude to risk at Credit Suisse
Swiss bank turned a blind eye to risk and sought quick profits, according to a major new review
7 min read
Credit Suisse set to issue report on Archegos errors
Major review from the Swiss lender could reveal the processes and human errors that led to failures around the family office
3 min read
Credit Suisse’s new risk role seeks to prevent another Archegos
Where dangers could build for the bank, the new position will keep tabs on them
2 min read
Credit Suisse loses more senior bankers as Archegos hit takes toll
Talent drain fears intensify as future of capital-market and Spac leaders still in doubt
Credit Suisse mulls creation of a single private bank
The plan may be part of an overhaul following the fallout from two scandals this year
Central bankers warn aggressive markets to be wary in the wake of Archegos
Shocks from higher inflation could result from enormous government spending plans
Wall Street banks get prosecutor requests for information about Archegos
There's no clarity yet on the precise focus of the inquiry
1 min read
Bankers part ways with Credit Suisse over Archegos
The full scope of the departures hasn't been previously reported
3 min read
Credit Suisse, Morgan Stanley review credit lines to hedge funds, family offices post Archegos
Several banks are reworking agreements to change the terms of equities total-return swaps
5 min read
Credit Suisse chair Horta-Osorio buys $1.2m of shares amid Greensill, Archegos crises
The new chair joins the bank at a turbulent time
1 min read