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Archegos Capital Management
Company in the news
Bill Hwang should get 21 years for Archegos crimes, says US
Hwang was found guilty in July of misleading leading Wall Street banks into helping him inflate the value of Archegos’ highly concentrated portfolio to as high as US$36 billion.
11 days ago
Company in the news
Bill Hwang’s sentencing in Archegos case postponed to November
The firm’s stunning 2021 implosion ultimately cost its banks some US$10 billion ($13.1 billion) and contributed to the demise of its biggest counterparty, Credit Suisse.
October 16, 2024
Company in the news
Archegos’ Bill Hwang convicted of fraud, market manipulation
According to prosecutors, Hwang’s actions pushed the value of Archegos, his family office, to around US$36 billion at its height.
July 11, 2024
Credit Suisse crisis
Archegos' Bill Hwang loses bid to have charges dismissed
The implosion of Archegos cost banks US$10 billion and contributed to the downward spiral at Credit Suisse Group AG.
March 22, 2023
Company in the news
Archegos founder Bill Hwang charged by US prosecutors
Hwang and Halligan were charged with 11 criminal counts, including racketeering conspiracy, market manipulation and wire fraud.
April 27, 2022
Company in the news
Where did Bill Hwang of Archegos disappear to?
The man, who lost US$20 billion in two days, is now lying low in New Jersey.
August 10, 2021
Company in the news
Credit Suisse executives to depart after Archegos losses
Changes will reverberate through key parts of the bank.
April 06, 2021
Banking & finance
One of world’s greatest hidden fortunes is wiped out in days
One part of the answer is that Hwang set up as a family office with limited oversight.
March 30, 2021
Company in the news
Tencent Music plans US$1 bil share buyback after Archegos selloff
The firm’s stock slumped almost 20% on Friday after Goldman Sachs sold US$6.6 billion worth of shares in it, Baidu and Vipshop.
March 29, 2021