Hwang, on trial for fraud and racketeering related to his firm’s meltdown, maintains his trading practices were lawful
4 min read
Fines from the US and UK could range between $100m and $300m
2 min read
Lawyers say prosecutors have wrongly alleged legal trading to be criminal
3 min read
Federal prosecutors allege Hwang’s fraud pumped the firm’s portfolio from $1.5bn to $35bn in one year
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Archegos revealed ‘significant gaps in the oversight of internationally active financial conglomerates’
6 min read
Harris Associates' David Herro said Credit Suisse is rapidly addressing 'deficiencies' highlighted in a recent report into the Archegos collapse
2 min read
Swiss bank turned a blind eye to risk and sought quick profits, according to a major new review
7 min read
Major review from the Swiss lender could reveal the processes and human errors that led to failures around the family office
3 min read
Where dangers could build for the bank, the new position will keep tabs on them
2 min read
Talent drain fears intensify as future of capital-market and Spac leaders still in doubt
The plan may be part of an overhaul following the fallout from two scandals this year
Shocks from higher inflation could result from enormous government spending plans
There's no clarity yet on the precise focus of the inquiry
1 min read
The full scope of the departures hasn't been previously reported
3 min read
Several banks are reworking agreements to change the terms of equities total-return swaps
5 min read
The new chair joins the bank at a turbulent time
1 min read