Archegos fallout

Archegos fallout: Losses exceed estimates; Global banks bled $10 billion and more expected

Archegos fallout: Losses exceed estimates; Global banks bled $10 billion and more expected

Few days after the Archegos Capital fiasco, a report by Reuters had estimated the losses due to this fallout at $6 billion. But after cal...Read More

Archegos fallout: After Credit Suisse, Morgan Stanley, Nomura, yet another casualty has been reported

Archegos fallout: After Credit Suisse, Morgan Stanley, Nomura, yet another casualty has been reported

Looks like the number of victims of the Archegos Capital fallout did not stop at Credit Suisse, Morgan Stanley and Nomura. The latest cas...Read More

Archegos fallout: Investment bank despite offloading stocks promptly still reports loss of Rs 6,791 crore

Archegos fallout: Investment bank despite offloading stocks promptly still reports loss of Rs 6,791 crore

Investment Bank Morgan Stanley has reported $911 million (around Rs 6,791 crore) in first-quarter losses due to Archegos Capital Manageme...Read More

Archegos fallout: Credit Suisse takes a hit of CHF 4.4 billion; two top executives lose their job

Archegos fallout: Credit Suisse takes a hit of CHF 4.4 billion; two top executives lose their job

Swiss banking giant Credit Suisse has reported a pre-tax loss of approximately CHF 900 million for 1Q 2021. In addition, the bank has inf...Read More

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