NewsFT: Archegos founder Bill Hwang found guilty over fund’s collapse

July 10, 2024by 0

THE FINANCIAL TIMES reports:
A New York jury has found former Wall Street trader Bill Hwang guilty of fraud and market manipulation, more than three years after the implosion of his fund Archegos sent tremors through global equity markets and left major banks nursing billions of dollars in losses.
The verdict on Wednesday came after an eight-week trial in which prosecutors sought to prove that Hwang lied to lenders and “deceived …

The post FT: Archegos founder Bill Hwang found guilty over fund’s collapse appeared first on The Loadstar.

Leave a Reply

Your email address will not be published. Required fields are marked *

Our Company

Reinventing Supply Chain. One Control Tower at a Time.
/wp-content/uploads/2021/02/logo-1.png

Talk to Us

+52 55 9454 4097

+502 2315 4251

+1 33 2275 7104

talktous@mtmlogix.com

MTM Logix, 2022 © All Rights Reserved

Generated by Feedzy