Banks Face Billions in Losses as a Bet on ViacomCBS and Other Stocks Goes Awry


By BY KATE KELLY, MATT PHILLIPS, ANDREW ROSS SORKIN AND ALEXANDRA STEVENSON
Business
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Archegos Capital Management, led by Bill Hwang, couldn’t meet financial demands, creating turmoil on Wall Street and raising questions about the fund’s ties to lenders.
New York Times
Banking and Financial Institutions, Stocks and Bonds, Regulation and Deregulation of Industry
March 30, 2021 at 12:47AM

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