Archegos founder Bill Hwang arrested
Bill Hwang, founder of archegos capital management, and his chief financial officer were arrested on Wednesday morning. He is expected to appear in federal court in Manhattan later Wednesday. Federal authorities said Bill Hwang's use of "archegos" as a "tool for market manipulation and fraud" caused billions of dollars in losses to banks, financial market investors and the company's employees.
This text is a result of machine translation.
Related companies：
In-depth
Healthcare
IntoCare Zhang Hui: Ingenuity Forges Quality, Continuous Improvement Safeguards Lives
In 2024, nearly all medical enterprises are exploring overseas markets. This trend is driven by an anti-corruption wave within the medical industry, the demand for financing and initial public offerings, as well as challenges such as excess production capacity. Presently, venturing abroad has become an essential developmental path for medical device enterprises. Successfully entering foreign markets is not only a crucial means for the medical industry to achieve a second grow
May 09, 2024 12:18 PM
Nov 16, 2022 05:19 PM
Nov 07, 2022 04:27 PM
Aug 29, 2022 05:45 PM
Apr 18, 2022 06:30 PM
Briefing Jan 29, 2022 08:09 AM
· Consumer Staples
Central enterprises frequently merge and acquire projects of out of danger real estate enterprises
Healthcare
CelcomDigi Berhad and AmBank Sign MOU to Drive Digital Healthcare Transformation
CelcomDigi Berhad today announced the signing of a three-year Memorandum of Understanding (MoU) with AmBank (M) Berhad and AmBank Islamic Berhad, with the aim of empowering healthcare providers in Malaysia through digital healthcare solutions.
Oct 29, 2024 05:36 PM
Briefing Dec 23, 2021 11:59 AM
· Consumer Staples
On the 22nd, 39 shares received the institutional buy rating, and Hualu Hengsheng paid the highest attention
Healthcare
SINOVAC Plans to Invest USD 100 Mn in Brazil Starting This Year
EqualOcean has learned that on June 4, Vice President of the Federative Republic of Brazil and Minister of Development, Industry, Trade, and Services, Geraldo Alckmin, met with SINOVAC(科兴) Chairman, President, and CEO Yin Weidong(尹卫东) in Beijing.
Jun 06, 2024 06:18 PM
See more
Read next
Insight
In-depth
Consumer Staples · Interview
Exploring in the Middle East: The Innovators Going Global
Dec 27, 2024 05:28 PM
Insight
In-depth
Insight
In-depth
Consumer Discretionary
Amazon Global Selling: A Decade of Growth in a Vast Market
Dec 17, 2024 05:43 PM
Insight
In-depth
Consumer Staples · Analysis
Din Tai Fung and the Globalization of Chinese Cuisine
Dec 03, 2024 08:26 PM