“ But banks don’t want to lose clients....
The Securities and Exchange Commission( SEC) and the Commodity Futures Trading Commission, which also brought civil charges on Wednesday, declined to comment on Monday. Credit Suisse, UBS and Morgan Stanley declined to comment....
Its positions were highly leveraged, at some points as much as 1, 000%, the SEC said. Archegos was trading through as many as nine banks....
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2022-05-04 00:00:00.0