Morgan Stanley , Goldman Sachs and Wells Fargo will pay a total of $120 million to settle a lawsuit claiming they hid ...

ViacomCBS investors are seeking final court approval for a $120M settlement with Goldman Sachs (NYSE:GS), Morgan Stanley ...

ViacomCBS Inc. investors who sued Morgan Stanley, Goldman Sachs Group Inc. and Wells Fargo & Co. for dumping the media ...

Item 1 of 5 Archegos Capital Management founder Sung Kook "Bill" Hwang attends his sentencing on a fraud conviction stemming from the 2021 collapse of his $36 billion private investment firm, at ...

Archegos effectively controlled more than half of all freely traded ViacomCBS shares at one point, according to U.S. Attorney for the Southern District of New York Damian Williams.

The dramatic implosion of Archegos Capital Management is another warning to Wall Street about the dangers of hefty leverage and speculative behavior fueled by rock-bottom interest rates.

Archegos wasn’t particularly well known, even though it employed dozens at its peak. Some employees also worked for a large charitable foundation Mr. Hwang established — the Grace and Mercy ...

Archegos founder Bill Hwang was sentenced in November to 18 years in prison. REUTERS Several banks lost money in the collapse, including Credit Suisse, which lost $5.5 billion, and Nomura Holdings.

Archegos Capital Management, which is based in Manhattan, last week began liquidating positions in excess of $30 billion. Photo: carlo allegri/Reuters.

Archegos Capital Management founder Sung Kook "Bill" Hwang was convicted by a jury in Manhattan federal court on Wednesday at a criminal trial in which prosecutors accused him of market ...

The proposed $120 million settlement would close the book on a legal challenge alleging the Wall Street banks failed to ...

The dramatic implosion of Archegos Capital Management is another warning to Wall Street about the dangers of hefty leverage and speculative behavior fueled by rock-bottom interest rates. It’s ...