Who is Archegos fund manager Bill Hwang?
Losses at Archegos Capital Management have triggered the liquidation of positions approaching $30 billion in value, The Wall Street Journal has reported, and sent the shares of two major investment banks tumbling. Archegos is run by former Tiger Asia manager Bill Hwang. What do we know about Mr. Hwang?
Goldman, Morgan Stanley limit losses with fast sale of Archegos Assets
Goldman Sachs Group Inc. and Morgan Stanley were quick to move large blocks of assets before other large banks that traded with Archegos Capital Management, as the scale of the hedge fund’s losses became apparent, according to people with knowledge of the transactions.
Suez Canal supply chain snafu likely to 'untangle itself' in 'next week or so': Ex-Shell Oil president
The massive cargo ship blocking the Suez Canal has finally been freed and the supply chain backup shouldn't take long to resolve itself, former Shell Oil president John Hofmeister told “Cavuto: Coast to Coast” Monday.