Welcome!
Bill Hwang
Credit Suisse crisis
Archegos' Bill Hwang loses bid to have charges dismissed
The implosion of Archegos cost banks US$10 billion and contributed to the downward spiral at Credit Suisse Group AG.
March 22, 2023
Company in the news
Archegos founder Bill Hwang charged by US prosecutors
Hwang and Halligan were charged with 11 criminal counts, including racketeering conspiracy, market manipulation and wire fraud.
April 27, 2022
Company in the news
Where did Bill Hwang of Archegos disappear to?
The man, who lost US$20 billion in two days, is now lying low in New Jersey.
August 10, 2021
Global Markets
Collapse of Bill Hwang's Archegos is like the sinking of the Titanic
Archegos Capital Management collapsed with over US$50 billion of exposure, twice the GDP of Cambodia.
April 09, 2021
Zest
One of world’s greatest hidden fortunes is wiped out in days
One part of the answer is that Hwang set up as a family office with limited oversight.
March 30, 2021
Company in the news
Goldman U-turn on former hedge fund manager puts bank at nexus of margin call
Former hedge fund manager Bill Hwang was previously blacklisted by Goldman Sachs Group as recently as 2018.
March 29, 2021
Company in the news
Tencent Music plans US$1 bil share buyback after Archegos selloff
The firm’s stock slumped almost 20% on Friday after Goldman Sachs sold US$6.6 billion worth of shares in it, Baidu and Vipshop.
March 29, 2021