Justice Department Said to Open Probe Into Archegos Blowup

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:

  • Criminals Target Commodities From Lumber to Cocoa
  • We Need to Lift Everybody’s Boats A Little Bit: Ursula Burns
  • BofA CEO Moynihan on Inflation Risk, Returning to Office
  • Bloomberg Markets and Finance published this video item, entitled “Justice Department Said to Open Probe Into Archegos Blowup” – below is their description.

    May.26 — The Department of Justice is investigating the market-rattling meltdown of Bill Hwang’s Archegos Capital Management in March. The debacle left big banks in Europe, Asia and the U.S. nursing more than $10 billion in losses. Bloomberg Intelligence senior analyst Alison Williams shares her views on “Bloomberg Daybreak: Australia.”

    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