Fed fines UBS $268.5 million for Credit Suisse missteps with Archegos
WASHINGTON (Reuters) – The U.S. Federal Reserve announced Monday it had fined UBS Group AG $268.5 million for Credit Suisse’s misconduct around its dealings with the defunct investment firm Archegos Capital Management.…
Hong Kong regulator sharpening scrutiny of derivatives after Archegos saga
By Selena Li HONG KONG – Hong Kong’s financial watchdog is tightening oversight on derivatives markets after the collapse of Archegos Capital Management, a senior official at the city’s Securities and Futures…
U.S. judge recuses himself from Archegos fraud case, citing wife’s ties to banks
By Luc Cohen NEW YORK – Archegos Capital Management founder Bill Hwang will get a new judge for his U.S. fraud trial, after the judge assigned to the case recused himself on…
Archegos risk chief resolves some U.S. SEC claims
NEW YORK – The former chief risk officer of Archegos Capital Management has partially settled U.S. Securities and Exchange Commission claims he aided a fraud at Bill Hwang’s private investment firm that…
U.S. pension fund sues Credit Suisse board over losses in Archegos collapse
By Jody Godoy (Reuters) – A Rhode Island pension fund has sued Credit Suisse Group AG former Chairman Urs Rohner and 19 other directors and executives, alleging their failure to manage risk…
Explainer-What charges do Archegos founder and former CFO face?
By John McCrank NEW YORK – Federal prosecutors on Wednesday charged Archegos Capital Management founder Bill Hwang with 11 criminal counts and the private investment firm’s former chief financial officer, Patrick Halligan,…
Archegos’ Hwang, Halligan plead not guilty to U.S. criminal charges
NEW YORK – Archegos’ Capital Management’s founder Bill Hwang and its chief financial officer Patrick Halligan pleaded not guilty on Wednesday to U.S. criminal charges over the meltdown of the family office,…
Four Charged In Connection With Multi-Billion Dollar Collapse Of Archegos Capital Management
Damian Williams, the United States Attorney for the Southern District of New York, Deputy United States Attorney General Lisa O. Monaco, and Michael J. Driscoll, Assistant Director-in-Charge of the New York Field…
Explainer-Why Archegos Capital was in U.S. regulators’ blind spot
By Michelle Price (Reuters) – U.S. authorities on Wednesday charged Archegos Capital Management owner Bill Hwang with racketeering, fraud and market manipulation over the meltdown of his New York family office which…
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