Bill Hwang should get no prison time for his role in the 2021 collapse of Archegos Capital Management, his lawyers said in a ...

When Archegos Capital Management collapsed in early 2021, Nomura Holdings lost $2.9 billion in trades it had put on for the ...

The 2021 collapse of Sung Kook “Bill” Hwang’s Archegos Capital Management was driven by “lies and manipulation,” a federal ...

Archegos Capital Management founder Bill Hwang’s sentencing on fraud charges was postponed from the end of the month to Nov. 20. Hwang and former Archegos Chief Financial Officer Patrick ...

AIG didn’t have the cash and couldn’t raise it. Even Goldman Sachs, which originally wouldn’t do business with Archegos because the founder pleaded guilty to insider trading in 2012 ...

The losses stem from “fire sale of stocks” involving around $30bn of assets that occurred after Archegos Capital Management, a family investment vehicle managed by Bill Hwang, failed to meet a ...

It comes three years after the failure of his investment fund Archegos Capital Management, which caused billions of dollars in losses for several major banks. Prosecutors accused Hwang of lying to ...

At 8:45 am on a spring day in 2021, a Nomura Holdings Inc. trader began a series of complex transactions over five hours on ...

Archegos Capital Management founder Bill Hwang was arrested on Wednesday and charged by the Justice Department with securities fraud, wire fraud, and racketeering conspiracy. He is alleged to have ...

Prominent trial lawyer Barry Berke is departing U.S. law firm Kramer Levin Naftalis & Frankel with a team of four other white ...

Nomura Holdings’ profit rose more than analysts expected last quarter, buoyed by strong results across its businesses ...