NEW YORK — A fraud trial began Monday for the founder of a hedge fund that cost leading global investment banks and ...
The trial of Sung Kook "Bill" Hwang kicks off with opening statements in Manhattan federal court on Monday on charges ...
A star witness in Bill Hwang’s criminal trial testified that employees would do whatever it took to support their boss’s ...
MUFG lost more than $250 million, bank’s credit risk head told Hwang jury Deutsche Bank always hedged Archegos, former swaps ...
We’re going to wrap our coverage of the Archegos trial today. Here are the key takeaways from the testimony: Giselle Tropper, ...
Court shown discrepancies in audio and email records; Credit Suisse insider says “fair amount” of intel slipped through cracks ...
Archegos Capital Management returned to the spotlight three years after its spectacular collapse with the start of founder ...
Hwang studied in the United States and went to work for Tiger Management, rising to form his own Tiger Asia Management. Photo ...
When Archegos Capital Management approached Bank of Montreal about becoming a trading counterparty in 2020, the Canadian bank at first said no.Most Read from BloombergWorld’s Largest Nuclear Plant ...
Earlier this month, billionaire trader and philanthropist Bill Hwang appeared in court to answer for his role in a high-stakes Wall Street meltdown that saw several large banks lose billions in days.
The high-profile case in Germany is the second to open against members of a conspiracy suspected of involving at least 27 ...
Bill Hwang, left, arrives at Manhattan federal court, Tuesday, May 14, 2024, in New York. A fraud trial continues for Hwang, ...