how Credit Suisse handled its relationship with collapsed hedge fund Archegos Capital Management

Москва. 21 ноября.

highly leveraged, at some points as much as 1, 000%, the SEC said. Archegos was trading through as many

Bill Hwang, the founder of Archegos Capital Management, and his former chief financial officer

by deep losses from the implosion of Archegos Capital Management, the firm is pulling the plug on a

$ 5bil( RM20. 8bil) in the rush to unwind trades by family office Archegos, on the heels of the

Credit Suisse will rein in its investment bankers and plough money into looking after the fortunes of the world’s rich as it tries to curb a freewheeling culture that has cost it billions in a string of scandals. Announcing the restructuring on Thursday, Chairman Antonio Horta-Osorio, who joined from Lloyds Bank in April to bring the Swiss lender to heel, said he was putting risk management and responsibility at the heart of its operations. Switzerland’s second-biggest bank will all but stop fun

Here is a primer on block trading. WHAT IS A BLOCK TRADE?... Broker-dealers frequently buy and sell blocks of shares, either on behalf of clients or as part of a hedging strategy, which are large enough to move underlying share prices.... During times of volatility, block trades tend to be more common.U.S. block trades hit a five-year high in terms of value last year, at$ 71.8 billion, according to data from Dealogic-Reuters....

close Video Fox News Flash top headlines for August 29 Fox News Flash top headlines are here.... Check out what's clicking on Foxnews. com. UBS and Inside Paradeplatz have settled a lawsuit initially brought against the popular Zurich based finance blog by Credit Suisse, the publication said on Tuesday.As part of the settlement, Inside Paradeplatz agreed to delete or amend user comments and three passages from posts.... The remaining claims where dropped.A spokesperson for UBS confirmed that t

close Video Fox News Flash top headlines for August 29 Fox News Flash top headlines are here.... Check out what's clicking on Foxnews. com. UBS and Inside Paradeplatz have settled a lawsuit initially brought against the popular Zurich based finance blog by Credit Suisse, the publication said on Tuesday.As part of the settlement, Inside Paradeplatz agreed to delete or amend user comments and three passages from posts.... The remaining claims where dropped.A spokesperson for UBS confirmed that t