Global banks brace for losses from Archegos fallout
U.S. · WORLD
March 28, 20215 min read967 words
Published: March 28, 2021  |  5 min read967 words
By , , NEW YORK/ZURICH/TOKYO (Reuters) - Global banks may lose more than $6 billion from the downfall of Archegos Capital, sources familiar with trades involving the U.S. investment firm said on Monday, and regulators and investors fear the episode could reverberate more widely.J...
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