Banks Slump as Archegos Drama Unfolds

About This Source - Bloomberg Markets and Finance

Bloomberg Markets and Finance features news about financial markets from around the world. Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

Bloomberg Books #Ad

Recent from Bloomberg Markets and Finance:

  • Fauci Says Return to Lockdowns of 2020 ‘Unlikely’
  • How Engine No. 1 Took on Exxon
  • India, Singapore an Alternative to China: Credit Suisse’s Fineman
  • Bloomberg Markets and Finance published this video item, entitled “Banks Slump as Archegos Drama Unfolds” – below is their description.

    Mar.29 — Interactive Brokers Chief Strategist Steve Sosnick speaks with Bloomberg’s Guy Johnson and Alix Steel about The forced liquidation of more than $20 billion in holdings linked to Bill Hwang’s investment firm Archegos is drawing attention to the covert financial instruments he used to build large stakes in companies on “Bloomberg Markets”.

    Bloomberg Markets and Finance YouTube Channel

    Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.

    Leave a Comment